Reported 12 months ago
Goldman Sachs portfolio manager Brook Dane discusses the competition Nvidia (NVDA) faces as it strives to reach a market cap of $10 trillion. Dane highlights the strong performance of ASIC manufacturers like Marvell (MRVL) and KLA Corporation (KLAC), as well as the opportunities in data centers for large language models. Despite challenges, Nvidia's success and potential for growth in AI chips lead analysts to predict a bright future, with projections of a market cap exceeding $10 trillion by 2030.
Source: YAHOO