Reported 8 months ago
Billionaire investor Masayoshi Son claims Nvidia's stock is undervalued, highlighting its integral role in the AI sector and its impressive revenue growth of 122% year-over-year. Despite SoftBank's profitable exit in 2019, Nvidia's stock has surged by 2600% since then, underpinned by soaring demand for its Blackwell GPUs in data centers. Son predicts that substantial investments will be necessary for the advancement of artificial superintelligence, potentially requiring around $9 trillion.
Source: YAHOO