Recently, renowned investor James Anderson stated in an interview that the global NVIDIA's market value could reach $50 trillion in the next ten years, surpassing the total market value of all companies in the current S&amp;P 500 index.Anderson pointed out that this possibility is based on the successful application of artificial intelligence technology and NVIDIA's continued leading position in the market.Due to the surging demand for chips for generative artificial intelligence models (such as OpenAI's ChatGPT), NVIDIA's stock price has soared by 162% this year, with its market value surpassing $3 trillion. This is a 20-fold increase from around $150 billion in August 2018. In June this year, NVIDIA briefly surpassed Microsoft and Apple to become the world's most valuable listed company. NVIDIA's CEO Jensen Huang stated that the company is at the center of a new &#34;industrial revolution.&#34;Anderson mentioned that NVIDIA's competitive advantages in hardware and software, as well as the company's unique culture and leadership, are key factors that have positioned it prominently in the industry.He recalled that when he first bought NVIDIA stock in 2016, he was &#34;not sure what its main driver was.&#34; However, after years of observation and investment, he found that &#34;unlike other successful investments, NVIDIA was a high-profit and dominant company from the beginning.&#34; He predicts that if the annual growth rate of data center AI chip demand can remain around 60%, NVIDIA's market value could reach $49 trillion in the next ten years. The probability of this outcome is 10%-15%.Although Anderson expects NVIDIA to experience a 35-40% stock price correction in the future, he believes that such fluctuations are a normal phenomenon in market development and intends to continue increasing holdings during corrections.Furthermore, Anderson is confident in the future of generative AI, believing it has enormous potential in areas such as autonomous driving, robotics, and drug discovery.<blockquote>NVIDIA firmly maintains a leading position in supporting and providing these areas</blockquote>

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Renowned investor James Anderson predicts that if the annual growth rate of AI chip demand in data centers can be maintained at around 60%, NVIDIA's market value could reach $49 trillion in the next decade. The probability of this outcome occurring is 10%-15%

- Investor James Anderson predicts that NVIDIA's market value could reach $50 trillion in the next decade, surpassing the total market value of all companies in the S&P 500 index.
- Anderson attributes this potential to NVIDIA's successful application of AI technology and its sustained leading position in the market, especially due to the soaring demand for AI chips like those used in OpenAI's ChatGPT models.
- Despite anticipating a 35-40% stock price correction, Anderson remains confident in NVIDIA's future, citing its competitive edge in hardware, software, unique culture, and leadership, with a focus on AI's potential in areas like autonomous driving, robotics, and drug discovery.

Top Technology Investor: Within ten years, NVIDIA's market value could reach $50 trillion