Reported about 2 months ago
In 2024, Nvidia soared to a $3.4 trillion market cap, positioning it as one of the largest companies globally, alongside Apple and Microsoft. Its impressive growth has been fueled primarily by AI data center sales, which now represent over 80% of its revenue. Although analysts anticipate continued revenue growth, with figures around 52% for the next year, concerns about overvaluation persist given its high price-to-earnings ratio. Despite the competition, Nvidia remains well-placed to leverage the ongoing AI revolution, suggesting it could continue to thrive in 2025.
Source: YAHOO