Nvidia (NVDA) Stock: Is It A Buy After Nio (NIO) Announcement?

This content was made for video and podcast format:



Nvidia (#NVDA) is a computer gaming company that's headquartered in Santa Clara, California. They're most famously known for their graphics processing units for gaming, but they're rapidly progressing into many markets!

Yesterday Nio (#NIO), the Chinese electric vehicle company announced a partnership with #nvidia to develop a new generation of automated driving electric vehicles. Nio #stock has soared over the past year gaining more than +1,500%, and Nvidia stock has also returned tremendous returns to investors of +117%.

Is Nvidia stock a buy after the announcement? Last year, 2020, was an explosive year for both the EV and semiconductor industries. Will 2021 follow suit?

Create a Webull account and recieve 4 FREE stocks

Create a FREE TradingView account and start charting your technical analysis

Follow me on Twitter to get real-time trade ideas and updates

Follow me on Instagram to get daily financial content

Watch me on YouTube to be one step closer to financial freedom

Like me on Facebook to show your support

Contact me if you have any questions or inquiries

Thanks to Nvidia Taiwan for the photo of CEO Jensen Huang