Where Will Nvidia Be in 5 Years?
The past five years have been big for Nvidia (NASDAQ: NVDA). The company saw revenue explode higher, advancing more than 600% over that time period, and the stock price followed as it increased a mind-boggling 1,200%. The reason for this performance is clear: Nvidia got in early on a market that is worth billions of dollars today and may reach the trillion-dollar mark by the end of this decade.
I'm talking about the artificial intelligence (AI) market. Nvidia designed its graphics processing units (GPUs) to suit the needs of AI -- and those high-performance chips so far have been unbeatable. Meanwhile, Nvidia expanded its offerings into other products and services for AI customers to truly accompany them along the entire AI path.
So now the question investors might ask, especially at a time when everyone is talking about the scale-up of AI infrastructure, is: Where will Nvidia be in five years? Let's find out.
Source Fool.com
