Nvidia Expected to Reach $7 Trillion Market Cap by 2028

Reported 3 days ago

Nvidia, the world’s leading AI company, is projected to potentially reach a market cap of $7 trillion by 2028, driven by its dominance in the GPU market, which holds a 90% share in the data center space. As data center capital expenditures are expected to rise significantly, Nvidia could generate substantial revenue, potentially bringing its total revenue to $311 billion by the end of 2028. This growth, coupled with a consistent profit margin, positions Nvidia as a compelling investment opportunity for the future.

Source: YAHOO

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