Reported 1 day ago
Nvidia (NASDAQ: NVDA) is positioned to greatly benefit from the anticipated growth in the artificial intelligence (AI) market, projected to expand from $189 billion in 2023 to $4.8 trillion by 2033. Despite being a major player with a market share exceeding 90% for AI-specific GPUs, Nvidia's stock remains relatively undervalued, trading at 39 times projected earnings. Investors are encouraged to consider Nvidia for long-term growth despite current market volatility.
Source: YAHOO