Fund manager who predicted Nvidia rally revamps stock forecast
Here's what the long-time Wall Street pro thinks is next for Nvidia's shares.
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The artificial intelligence spending frenzy has been a boon to Nvidia shareholders. The company's share price has skyrocketed since OpenAI's ChatGPT kick-started a tsunami of investment in training and operating large language models and agentic AI programs.
A 755% gain in Nvidia's stock price since 2022 and a 171% gain in 2024 has been game-changing for many, but investors are right to wonder what could happen next.