Where Will Nvidia Be in 3 Years?
Nvidia (NASDAQ: NVDA) has accomplished a lot over the past three years. The company launched its Hopper chip architecture back in 2022, delivered a 300% gain in annual revenue since that product release, joined the elite Dow Jones Industrial Average -- and even scored the best performance in the index last year -- and released its new Blackwell chip architecture in recent months. And these are just a few highlights along the top artificial intelligence (AI) chip designer's path.
It's clearly been an exciting time for Nvidia and the company's investors. And now, considering these action-packed few years, investors have been asking themselves a simple question: What's next for Nvidia? Forecasts show this AI boom may be in its early stages, with analysts predicting today's $300 billion market may reach more than $2 trillion in the coming years. And as the AI chip market leader focused on innovation, Nvidia should see business soar.
Of course, the company may meet with challenges too -- such as the current restrictions on exports of its chips to China or competition from rivals. Where will Nvidia be in three years? Let's find out.
Source Fool.com
