Nvidia Is a $5 Trillion AI Giant. Here's When It Might Double Again.
Nvidia has returned more than 1,070% over the past five years, and there's still more upside ahead.
Nvidia Is a $5 Trillion AI Giant. Here's When It Might Double Again.
Overview
Nvidia (NASDAQ: NVDA) has been a life-changing investment in this golden era of artificial intelligence (AI). The stock has risen more than 1,070% over the past five years. That turns $10,000 into over $116,680. With AI investments continuing to pour into chips and data centers, it's fair to wonder how much more investors can expect.
Could Nvidia, already at a market cap of $4.96 trillion, with a "T," actually double again anytime soon? The idea isn't outlandish at all. Nvidia's next AI chip platform, Vera Rubin, is looming, and it represents a leap forward in data center infrastructure.
Details
Here's why Nvidia stock can continue to soar and how long it may realistically take to double from here.
Source
Originally published at www.fool.com.
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