This Will Be Nvidia’s Stock Price 3 Years From Now
Key Points
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Nvidia’s revenue is rising alongside data center spending.
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Nvidia expects the global data center capital expenditure total to be $1 trillion by 2028.
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10 stocks we like better than Nvidia ›
Nvidia (NASDAQ: NVDA) is the world’s largest company and has risen to this position at an unbelievable pace, but it’s far from done growing. Nvidia is one of the primary benefactors of the artificial intelligence (AI) arms race because its GPUs have become the standard computing unit that many AI companies have built their models on. There is still several years’ worth of strong growth ahead for Nvidia’s stock, and investors should still consider adding to an existing Nvidia position in their portfolio right now.
But what kind of upside can…
