Reported about 10 hours ago
Nvidia's stock has surged over the past two years, yielding impressive returns for investors, and this trend may continue into 2025. The company is expected to generate significant revenue from its new Blackwell AI chips and strong demand for its existing Hopper chips. Analysts predict revenue could reach $130.6 billion by the end of the current fiscal year, with projections for fiscal 2026 suggesting an increase to $177 billion, driven by the booming data center market. Given these forecasts, Nvidia's stock could see considerable growth in the upcoming year.
Source: YAHOO