Cathie Wood: Nvidia is still a high-growth stock and will continue to hold it
Last Friday, at a Bitcoin investor conference in New York, Cathie Wood, founder of ARK Invest, said that Nvidia is still a high-growth stock and she will continue to hold Nvidia shares. Wood believes that even if the company's profit margins are slightly compressed due to competition from AMD and Amazon's new artificial intelligence chips, the stock may still achieve a 20% annual compound growth rate. She added that Nvidia will not be the only one in this market, but Nvidia has created incredible opportunities and promoted the artificial intelligence revolution, and we believe it will still play an important role.