Reported 1 day ago
Nvidia, a leader in the data center GPU market, is expected to benefit significantly from the growing AI sector and increased data center spending, projected to reach between $3 trillion and $4 trillion by 2030. With a current market cap of around $4.4 trillion, if Nvidia captures a substantial portion of this spending, its stock price could potentially rise by 263% to approximately $663 per share. Despite competitive pressures and economic uncertainties, Nvidia's established position in the AI ecosystem positions it for continued growth.
Source: YAHOO