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Artificial-intelligence spending has caused Nvidia’s share price to surge as investors model for ever-growing demand for its semiconductor chips. Nvidia’s position as the leading provider of chips specially designed to train and run AI applications has resulted in eye-popping sales and profit growth. As a result, Nvidia’s stock has risen by 243% in the past year and 60% year-to-date. The run higher in Nvidia’s stock has surprised many, leaving them wondering what could happen next. However, it didn’t shock everyone. In March 2023 Real Money Pro’s Bruce Kamich forecast that Nvidia “investors should look for additional gains.” And on Feb….
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