Prediction: This Artificial Intelligence (AI) Stock Will Be Worth $5 Trillion in 3 Years
Nvidia (NASDAQ: NVDA) is the second-largest company in the world with a market cap of $3.3 trillion as of this writing, and the chip designer has reached this position thanks to its ability to remain ahead of disruptive tech trends over the years.From making graphics cards for personal computers (PCs) to manufacturing powerful artificial intelligence (AI) chips for the training and deployment of powerful large language models (LLMs) to creating digital twins of real-world objects, Nvidia has come a long way since it was founded in 1993. The good part is that this tech giant still has room for more upside and it could even attain a $5 trillion valuation in the next three years.Let's take a closer look at the catalysts that could propel Nvidia toward that valuation.Continue reading
Nvidia (NASDAQ: NVDA) is the second-largest company in the world with a market cap of $3.3 trillion as of this writing, and the chip designer has reached this position thanks to its ability to remain ahead of disruptive tech trends over the years.
From making graphics cards for personal computers (PCs) to manufacturing powerful artificial intelligence (AI) chips for the training and deployment of powerful large language models (LLMs) to creating digital twins of real-world objects, Nvidia has come a long way since it was founded in 1993. The good part is that this tech giant still has room for more upside and it could even attain a $5 trillion valuation in the next three years.
Let's take a closer look at the catalysts that could propel Nvidia toward that valuation.
