This Will Be Nvidia’s Stock Price 5 Years From Now
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Nvidia CEO Jensen Huang predicts data center spending will soar to $3 trillion to $4 trillion by 2030.
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The company dominates the data center GPU market, so it’s well-positioned to profit from this trend.
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Nvidia is attractively priced, particularly given the magnitude of the opportunity.
Nvidia (NASDAQ: NVDA) has risen through the ranks to become the world’s largest company when measured by market cap, and its astronomical rise has been a sight to behold. Despite the stock’s blistering gains, many believe the best is yet to come. Nvidia has been one of the principal beneficiaries of the soaring adoption of artificial intelligence (AI), as its graphics processing units (GPUs)…
