How to buy NVIDIA stocks (2024)? – invest in NVIDIA shares

Do you want to buy NVIDIA shares? In this article, you will learn how and where to invest in NVIDIA stocks. You can also analyse the strengths and weaknesses of NVIDIA shares in this in-depth analysis.

How to buy NVIDIA shares?

NVIDIA is the market leader in graphics cards, also known as GPUs, and the demand for these chips is increasing. This strong position makes a long-term investment in NVIDIA an interesting option. When investing in NVIDIA stocks, it is important to select a reliable broker.

Below, you can see which brokers make it possible to buy NVIDIA shares with low transaction fees:

BrokersBenefitsRegister
eToro buy stocksBuy NVIDIA without commissions. Your capital is at risk. Other fees may apply.
Plus500 trade stocksSpeculate with CFD's on increasing & decreasing prices of NVIDIA! 82% of retail CFD accounts lose money.
DEGIRO buy sharesBenefit from low fees, an innovative platform & high security!
Avatrade buy sharesSpeculate on price increases and decreases of NVIDIA with a free demo!

Why can it be smart to buy NVIDIA shares?

  • Market leader in graphics processing: NVIDIA is the market leader in the production of GPU technology for gaming, AI, and data centres.
  • Diversification: as NVIDIA’s products are used by different business segments, which means the company can perform well under different market conditions.
  • Growing demand for AI: GPUs can play an essential role in a world where AI becomes increasingly important.
  • Innovation: NVIDIA is known for its innovation and continuously releases high-quality products on the market.
  • Gaming: NVIDIA benefits from the increased demand for graphics cards for gaming. This is a growth market, which gives NVIDIA further space to grow.
  • Financial position: NVIDIA is known for its solid financial performance, which makes it a relatively safe investment.
  • Bitcoin: NVIDIA’s GPUs are used for crypto mining. When crypto becomes popular again, NVIDIA’s stock price could rise even further.

What risks should you consider when investing in NVIDIA shares?

  • Intense competition: companies such as AMD and Intel want to dethrone NVIDIA.
  • Dependency: NVIDIA’s success depends on semiconductor production. Delivery problems can therefore put pressure on NVIDIA’s results.
  • Concentration risk: a large portion of NVIDIA’s profits are earned in a few regions.
  • Regulation: strict government regulations can hinder NVIDIA’s growth.

What are the biggest competitors of Nvidia?

  • Intel
  • AMD
  • Qualcomm Incorperated
  • Broadcom

How to invest in Nvidia stocks?

  1. Register with a broker: Click here to directly compare the best brokers for investing in Nvidia stocks.
  2. Activate account: activate your account by uploading a copy of your passport and proof of address.
  3. Deposit funds: deposit money into your stock account. This can be done by bank transfer or credit card.
  4. Select share: navigate to the Nvidia share within the investment platform and enter the amount you want to invest.
  5. Type of order: choose a market order if you would like to buy the shares immediately, or choose a limit order if you intend to set a maximum price.
  6. Buy share: press buy to immediately buy your Nvidia shares!

What is the current stock price of NVIDIA?

The price of Nvidia is constantly changing. In the graph below, you can see how the price of the Nvidia stock is developing. You can then use the buttons to open a position on the stock immediately.

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Company data of NVIDIA

Below, you can see the most important company data of Nvidia.

Analysis of NVIDIA share

Before deciding whether to buy or sell Nvidia shares, it is essential to analyse the stock thoroughly. In the overview below, you can see how Nvidia has developed over the past period.

Stock prices of the last 5 days

In the table below, you can see the stock prices of Nvidia of the last 5 days:

What will the Nvidia stock do in 2024?

Are you curious about what analysts think Nvidia will do in 2024 and the years to come? Using data from Alpha Vantage, we have combined analyst forecasts. Keep in mind that this number is just a prediction about the future price movement of Nvidia and may not come true.

About NVIDIA

The American technology company NVIDIA is a producer of computer hardware. The company, founded in 1993, produces chipsets for graphic cards and motherboards.
NVIDIA

NVIDIA and Bitcoin

During the time of the Bitcoin hype, there was a strong increase in sales of graphic cards. This greatly benefited the stock price of Nvidia during that time. To obtain Bitcoins, you need to mine them, which requires a lot of computing power. The chips supplied by Nvidia can perform this task well.

It is possible that in the future, Bitcoin will start a new rally. If this is the case, the NVIDIA stock price could continue to rise. By actively investing in Nvidia shares, you can take advantage of such trends.

Expectations for the future of Nvidia

NVIDIA could have a bright future ahead. In the media, visuals become increasingly important, and this requires GPUs, in which Nvidia is the market leader. Cloud computing is also becoming more popular, and Nvidia provides the necessary technology for this.

Overall, Nvidia is clearly a company that works with technology for the future. This could further drive up the stock price in the future. Do you believe in the new technologies that NVIDIA is working on? Then it may be attractive to buy NVIDIA shares.

Should you buy Nvidia stocks?

It may be interesting to buy Nvidia shares because it is a leading player in the production of GPUs. With the advent of AI and further digitization of society, the global demand for Nvidia products will only increase. Over the past few years, the company has achieved strong results, which makes it an appealing investment.

However, it is important to consider the risks when considering an investment in Nvidia. For example, Nvidia faces a lot of competition from AMD and Intel, and if these companies manage to gain market share, Nvidia may fall behind in the future. It is also critical to monitor the supply chain: in the event of shortages of semiconductors, it may be difficult for Nvidia to continue production.

Whether to buy Nvidia shares is a personal question with no clear answer. Take the time to analyse the strengths and weaknesses of Nvidia shares before making a decision. By doing so, you can determine if Nvidia fits within your personal financial situation.

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Auteur

Alex Mostert Avatar
Over Alex Mostert

When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.

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