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Will Advanced Micro Devices Be a Trillion-Dollar Stock by 2030?


The trillion-dollar club is certainly rarified air, and one that every company aspires to join. Investors, of course, aspire to find the next candidate with the potential to join such elite company. Odds are, every company that has reached that milestone has made many fortunes for investors along the way.

Case in point: Artificial intelligence (AI) chip star Nvidia (NASDAQ: NVDA) began 2023 at just a $350 billion market cap, but has more than tripled since, reaching a market cap today exceeding $1.2 trillion!

So, where to find the next big winner? It may not be surprising that I think the AI revolution could mint even more trillion-dollar companies, like this key Nvidia rival.

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Source Fool.com

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