Reported about 1 month ago
Nvidia has seen tremendous growth as a leader in GPUs, especially with the surge in AI demand driven by the rise of large language models. Despite predictions of a slowdown in the pace of growth, analysts believe Nvidia can still achieve substantial revenue increases over the next three years, potentially reaching $330 billion by 2028. The company's continual innovation with its chips, coupled with significant ongoing demand from tech giants, suggests that its stock could more than double in value, yielding a reasonable price target between $200 and $270 per share.
Source: YAHOO