|Bid||28.39 x N/A|
|Ask||28.42 x N/A|
|Day's range||28.11 - 28.73|
|52-week range||28.11 - 49.95|
|Beta (5Y monthly)||0.65|
|PE ratio (TTM)||5.97|
|Earnings date||19 Oct 2022 - 24 Oct 2022|
|Forward dividend & yield||1.46 (5.17%)|
|Ex-dividend date||04 Nov 2022|
|1y target est||N/A|
Slack founder Stewart Butterfield chats with Yahoo Finance Live about the environment for technology companies.
While there's currently a lot of uncertainty about the near-term direction of the global economy, the long-term outlook is crystal clear. According to an estimate by Swiss Re, governments worldwide will need to invest a staggering $80 trillion through 2040 on infrastructure to support continued economic growth. Governments and utilities have historically made the most investment in infrastructure.
Once just a gaming chip company, it has successfully repurposed its technology to the latest technological advancements, including artificial intelligence and the metaverse. Investors will struggle to replicate such huge returns, but semiconductor stock investors who missed out could perhaps see similar outsized gains by buying stock in one of Nvidia's main rivals, Advanced Micro Devices (NASDAQ: AMD). Admittedly, AMD may seem like a strange choice here since it has slightly exceeded Nvidia's returns since the beginning of 2015, rising by 2,700%.