Reported 2 days ago
Nvidia shares have skyrocketed in 2023 and 2024, driven by impressive earnings and demand for its GPUs, particularly with the upcoming Blackwell GPU that significantly outperforms competitors. Analysts expect Nvidia to maintain strong returns in 2025, bolstered by its dominance in AI accelerators, a robust software ecosystem, and potential benefits from corporate tax reductions. With a favorable price-to-earnings-to-growth ratio, Nvidia stock remains undervalued, positioning it for further growth.
Source: YAHOO