Nvidia just doubled its revenue while its stock barely moved, and Wall Street is split on what comes next. The math behind a $500 price target by 2031 is tighter than it looks, and one overlooked number changes everything.
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NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) just reported a quarter that most companies would need ten years to build. Revenue reached $96.22 billion, up 105.85% year over year. Data Center brought in $89.023 billion, and networking alone added $40.313 billion.
CEO Jensen Huang put it simply: “AI has reached its inflection point. It’s doing useful work. Its tokens are…
