Reported 7 months ago
Since the AI boom, Nvidia's shares have surged 800%, with a $3 trillion market cap. The company recently executed a stock split and is endorsed by 90% of analysts as a buy. Predictions by industry experts suggest Nvidia could reach $10 trillion by 2030 due to its market dominance in AI infrastructure, including GPUs, hardware, software, and services like CUDA. Strong growth in AI products resulted in a 262% revenue increase in the first quarter of fiscal 2025, and although Nvidia's stock is considered somewhat pricey, it could potentially reach the $10 trillion mark if earnings grow as projected.
Source: YAHOO