Nvidia Stock Soars In 2023, Clearing Key Levels Is It A Buy?

Source: investors.com investors.com

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Nvidia (NVDA) is a giant in data centers and gaming, but semiconductor companies are bracing for a bumpy 2023. Is Nvidia stock a buy right now? X Semiconductor News Chipmakers broadly face several challenges, from high inflation, weak global growth and the Russia-Ukraine war to increasingly fraught U.S.-China relations. Recently, World Semiconductor Trade Statistics predicted that chip sales will decline 4.1% in 2023. Chip sales rose 26.2% in 2021 and 4.4% in 2022. For those looking for top large-cap stocks to buy now, here's a deep dive into NVDA stock. Nvidia Stock Technical Analysis Shares of Nvidia popped 6.4% to...