It’s crystal clear that Nvidia (NVDA 3.17%) has been one of the primary beneficiaries of the scramble to adopt artificial intelligence (AI). The company’s graphics processing units (GPUs) — which were originally created to generate lifelike images in video games (hence the name) — have become the gold standard and the most sought-after chips in AI.

Since the dawn of the AI revolution in early 2023, Nvidia stock has soared 1,150% (as of this writing), providing a veritable windfall for shareholders along the way. Yet the debate rages on Wall Street and Main Street about what the future holds for Nvidia stock and its shareholders.

Let’s take a look at the available evidence to see where Nvidia’s stock price might end up by the end of…