Reported about 1 month ago
Analyst Beth Kindig predicts that Nvidia could see a massive valuation of $10 trillion in the long term, driven by strong growth potential and the upcoming release of its Blackwell AI chip. Despite recent concerns about overvaluation and production delays for Blackwell, Kindig believes Nvidia's future is bright, especially with expected upward revisions in fiscal estimates. She describes the anticipated impact of Blackwell's release in early 2025 as 'fireworks' for the stock, suggesting that it could reignite significant investor interest and growth.
Source: YAHOO