Where Will Nvidia Stock Be in 10 Years?
Nvidia (NASDAQ: NVDA) has created incredible profits for its shareholders over the past few years by providing the foundations for the artificial intelligence (AI) revolution. It has transformed over the course of a few decades from a relatively obscure chip company focused on making graphics processing units (GPUs) to improve the performance of video games into the leading maker of high-end parallel processors that make AI applications possible, and lately, it has been unveiling new products and technology at a blistering pace.
Nvidia stock has gained nearly 24,000% over the past 10 years, demonstrating the power of the buy-and-hold investing model. But where will it be in another 10 years?
Image source: Nvidia.
Source Fool.com
