Where Will Nvidia Stock Be in 3 Years?
If you held on to Nvidia (NASDAQ: NVDA) stock for the last three years, you are probably laughing all the way to the bank. A $10,000 bet made in early 2022 would be worth almost $55,000 today -- an impressive return of 450%. That said, past performance doesn't guarantee future results. And the dynamics that helped Nvidia achieve such remarkable performance could change significantly.
The new Chinese large language model (LLM) DeepSeek is the elephant in the room. It purportedly demonstrated that advanced AI models can be built without outrageous costs, in stark contrast to the strategies used by its American rivals, such as OpenAI, , and Meta Platforms. Let's explore how this story could develop over the next three years and beyond.
While it's easy to blame DeepSeek for all the AI industry's challenges, that might miss the big picture. The core problem is that training LLMs is too expensive relative to their profit potential. While the emergence of a dramatically cheaper Chinese rival brought this problem into the mainstream, industry observers have been discussing it for months.
Source Fool.com
Alphabet Inc. C Stock
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