Where Will Nvidia Stock Be in 5 Years?
It's hard to believe that we're three years into the artificial intelligence (AI) revolution. It seems like just yesterday that Nvidia (NASDAQ: NVDA) was perceived as a niche semiconductor business focused on improving graphics for online gamers.
But when OpenAI released ChatGPT to the general public on Nov. 30, 2022, everything changed. At that point in time, Nvidia sported a market capitalization of $345 billion. Today, Nvidia is worth $4.5 trillion -- making it the most valuable company in the world.
Throughout the AI revolution, investors have realized that Nvidia's chips carry use cases far beyond enhancing visuals. The company's GPUs and accompanying CUDA system became the hardware-software stack on which generative AI was created.
Source Fool.com
