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Prediction: Nvidia Stock Is Going to Hit $200 in 2025
Nvidia (NASDAQ: NVDA) stock has soared by 870% since the start of 2023, catapulting its market capitalization to a whopping $3.5 trillion. Demand continues to exceed supply for the company's graphics processing units (GPUs) for the data center, which are the most powerful chips in the world for developing artificial intelligence (AI) models.Nvidia CEO Jensen Huang says new AI reasoning models, which spend more time thinking to produce accurate responses, require up to 1,000 times more computing capacity than traditional large language models (LLMs). As a result, he thinks data center spending will reach $1 trillion per year by 2028 as companies race to meet that demand. Nvidia is gearing up for the strongest year in its history thanks to its latest GPU architectures, which offer more performance than anything else on the market right now. Nvidia stock is trading at around $142 as of this writing (June 10), but here's why I think it's on the way to $200 before year-end.Continue reading
Nvidia (NASDAQ: NVDA) stock has soared by 870% since the start of 2023, catapulting its market capitalization to a whopping $3.5 trillion. Demand continues to exceed supply for the company's graphics processing units (GPUs) for the data center, which are the most powerful chips in the world for developing artificial intelligence (AI) models.
Nvidia CEO Jensen Huang says new AI reasoning models, which spend more time thinking to produce accurate responses, require up to 1,000 times more computing capacity than traditional large language models (LLMs). As a result, he thinks data center spending will reach $1 trillion per year by 2028 as companies race to meet that demand.
Nvidia is gearing up for the strongest year in its history thanks to its latest GPU architectures, which offer more performance than anything else on the market right now. Nvidia stock is trading at around $142 as of this writing (June 10), but here's why I think it's on the way to $200 before year-end.
