Nvidia stock was edging up in premarket trading Wednesday as the investors sought out a potential bargain in the chip maker’s shares. Evidence of more money flowing into artificial-intelligence infrastructure should help.

Nvidia Corp.’s market performance over the past six months is a good illustration of the difference between a good company and a good stock.

The chip maker is nearing a $1 trillion market cap loss from its peak of $3.7 trillion set on January 6, according to Dow Jones Market Data.

A Bernstein analyst looks at several valuation metrics that are near 10-year lows and deemed Nvidia’s stock “increasingly attractive.”

Let's explore what the next 12 months could have in store. The post Where Will Nvidia Stock Be in 1 Year? appeared first on The Motley Fool Australia.