Reported 3 days ago
Nvidia's CEO Jensen Huang announced at the recent GTC conference that data center infrastructure spending is projected to exceed $1 trillion by 2028, highlighting significant growth potential for the company. Despite the optimistic outlook, investor reaction was muted. Nvidia's GPUs play a crucial role in AI infrastructure, and the company is actively innovating in both hardware and software sectors while expanding into robotics and autonomous driving markets. Currently, Nvidia's stock appears undervalued, making it an attractive long-term investment opportunity.
Source: YAHOO