Prediction: This 1 Catalyst Will Help Nvidia Do Something No Other Company Has Ever Done.

Motley Fool
2024.11.24 10:41
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Nvidia has transformed from a gaming chip provider to a leader in AI chips, achieving a 94% revenue increase in a recent quarter. The company aims to reach a trillion-dollar market cap, driven by the launch of its new Blackwell architecture, which has seen high demand. Nvidia's stock has surged 2,600% over five years, and analysts predict continued growth. With a forecasted 70% revenue growth and 35% annual earnings-per-share growth, Nvidia is positioned as a top long-term investment in AI.