Reported about 4 hours ago
Nvidia, the leading AI chip designer, is forecasted to reach a market value of $10 trillion within five years due to its significant role in the AI sector and substantial revenue growth. With sales soaring from $27 billion to over $130 billion in just two years, Nvidia has capitalized on the rising demand for AI chips. Analysts anticipate a continued growth trajectory, aided by an expected increase in AI infrastructure spending. While there are alternative investment suggestions from financial analysts, Nvidia's position in the market remains compelling for potential investors.
Source: YAHOO