Reported 2 days ago
Nvidia has seen a massive increase in market capitalization due to the AI boom, with revenue from its data center segment rising significantly. CEO Jensen Huang predicts data center spending will exceed $1 trillion by 2028, potentially driving Nvidia's stock price above $200 in three years. While short-term volatility may occur due to global trade tensions, the long-term outlook for Nvidia remains optimistic, fueled by rising demand for advanced GPUs and AI technologies.
Source: YAHOO