Reported about 5 hours ago
As 2024 wraps up, investors are optimistic about Nvidia's potential for 2025, especially with Meta Platforms planning to significantly increase its GPU purchases to support its AI models. Nvidia's upcoming technology, Blackwell, is set to enhance its AI throughput, which could lead to substantial revenue growth. Analysts forecast Nvidia's revenue might soar by 42% in the following fiscal year, making it an attractive stock if the demand for GPUs sustains beyond 2026.
Source: YAHOO