Where Will Nvidia Stock Be in 5 Years?
With shares up 1,425% over the last five years, Nvidia (NASDAQ: NVDA) is the quintessential artificial intelligence (AI) stock, designing the chips other enterprises use to run and train consumer-facing algorithms. However, the company's dominant role has attracted political attention as the technological rivalry between the U.S. and China heats up.
Let's discuss how this and other challenges could impact Nvidia's stock price over the next half decade and beyond.
Over the next five years, China may have an outsized impact on Nvidia's business. However, it is still unclear whether the Asian nation will be more of a threat or an opportunity. On the surface level, Nvidia's pick-and-shovel business model protects it from much of this uncertainty.
Source Fool.com
