Nvidia still has plenty of room to run if management is correct about future AI spending.

Nvidia ( NVDA 2.85% ) has been one of the most successful investment stories of all time. It has been an excellent pick since the AI race began in 2023 (it's up 1,220% since then), and if you stretch that time frame out, it's even more impressive: $10,000 invested in Nvidia's stock a decade ago is now worth nearly $3 million. If you bought it 20 years ago, that $10,000 investment is worth $6.9 million.

We can't go back in time to capture those excellent returns, but we can look toward the future and see if Nvidia is a worthy stock pick. I still think it is, and I have three reasons it's worth buying shares now.

1. Demand for AI computing power isn't slowing down

It seems like every day you

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