Nvidia (NASDAQ: NVDA) could be worth $10 trillion.
That suggests a future stock price of +$4,000 for NVDA by the year 2030.
One analyst just released the latest bullish outlook on Nvidia.
Nvidia is experiencing explosive demand from datacenters.
Sales of Nvidia chips to data centers exploded 427% last quarter – hitting nearly $23 billion.
“Hyperscalers” like Amazon, Meta Platforms and Google are making huge investments to upgrade existing datacenters. And they’re also building new AI factories across the world.
The data center market could grow to $1 trillion by 2030.
Nvidia will capture the vast majority of these sales, according I/O Fund.
$NVDA could become the first company with a $10 trillion market value for a 255% gain, according to analyst Beth Kindig.
Here’s the key takeaway…
Everyone knows Nvidia will be a big winner. The stock is up 186% in the last year. And it’s the 3rd most valuable company in the world.
However, you must look beyond Nvidia if you want to earn huge profits from AI.
Ian Wyatt