The Impact of Investing Last Year's Tax Refund in Nvidia Stock
Wednesday, 5 June 2024, 13:07
Investing Tax Refund in Nvidia Stock
In the previous tax season, the IRS issued nearly 95 million refunds totaling over $266 billion. As of May 12, 2023, the average tax refund was $2,812. If you had invested this amount in Nvidia stock a year ago, you might be curious about the current value of your investment.
Nvidia's Performance and Growth
NVIDIA Corp. (NASDAQ:NVDA) has experienced an extraordinary over the past five years, particularly since the beginning of 2024. The stock has surged 186% since May 2023, driven by strong demand for AI chips, and its market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.