£5,000 invested in Nvidia shares when ChatGPT was released is now worth… ‣ Diverse Daily

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In March 2024, I wrote a piece about Nvidia (NASDAQ: NVDA) on this website entitled: “If I’d invested £5,000 in Nvidia shares when ChatGPT came out, here’s how much I’d have now.”

This was around 18 months after ChatGPT was released, and the artificial intelligence (AI) movement was in full swing. The simple answer? A £5,000 stake would have turned into £29,135. Good going, but here’s the funny thing…

Should you buy Nvidia shares today?

Before you decide, please take a moment to review this report first. Despite ongoing uncertainties from US tariffs to global conflicts, Mark Rogers and his team believe many UK shares still trade at substantial discounts, offering savvy investors plenty of potential opportunities to learn about.

That’s why this could be an ideal time to secure this valuable research – Mark’s analysts have scoured the markets to reveal 5 of his favourite long-term ‘Buys’. Please, don’t make any big decisions before seeing them.

At that time, folks were viewing Nvidia as expensive. The objections were railing in: surely the bull run can’t continue? The surge in orders for the firm’s chips can’t last, can it? I even stated in that very article: “the shares look a little toppy”. Well, guess what happened next?

In simple terms, the doubters were made to eat their words. The share price more than doubled in just over two years. Nvidia became the world’s largest company with a market capitalisation that has now surpassed $5trn. That went well, didn’t it?

That same stake would have gone into the stratosphere. From 30 November 2022 until today, the share price has grow 1,166%. A £5,000 investment in Nvidia shares on the day ChatGPT was released is now worth £63,324. Incredible stuff.

Why did it keep surging? Simply, there was a clamour for Nvidia’s chips, and many of the world’s tech titans didn’t want to get left out. Untold billions were invested in the AI revolution. The gold rush continued and Nvidia was selling the related picks and shovels.

What’s next?

Here’s the important question: what’s coming next? Could Nvidia keep offering staggering returns for investors who take the plunge in June? Or has the boat been well and truly missed here?

On the one hand, the valuation still looks reasonable. A forward price-to-earnings ratio of 24 isn’t crazy for a company spearheading a potentially revolutionary technology. And the incredible growth shown by Nvidia in recent years – making an enviable habit of smashing analyst expectations time after time – seems like it should justify a premium on the share price.

On the other, the buying frenzy has been sparked by a few big names ploughing in billions to get a first-mover advantage in the revolution. The money spent is likely to subside at some point. We may even see the ‘AI bubble’ that many have been predicting too.

On balance? We are very much in uncharted territory with AI and Nvidia’s very much at the centre of that. While risks abound given the uncertainty, it’s undeniable Nvidia will play a key role in the years to come. That could mean the share price continues its rapid ascent. I think the stock’s worth considering.

Should you invest £5,000 in Nvidia right now?

When investing expert Mark Rogers and his team have a stock tip, it can pay to listen. After all, the flagship Twelfth Magpie Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets.

And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if Nvidia made the list?

John Fieldsend owns shares in Nvidia.

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