Meet The Supercharged Growth Stock Poised To Hit 20 Trillion By 2030

Bonisiwe Shabane
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meet the supercharged growth stock poised to hit 20 trillion by 2030

Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement Nvidia's (NASDAQ: NVDA) transformation over the past few years ranks among the most extraordinary business stories in modern capitalism. What began as a niche designer of graphics chips for gamers has evolved into the central nervous system of the artificial intelligence (AI) economy. Today, hyperscalers like , Amazon, , Oracle, and Meta Platforms rely on Nvidia's hardware and software stack to train and deploy their AI models. Unprecedented demand has fueled staggering financial growth, propelling Nvidia's market value nearly 16x during the AI revolution.

At a market cap of roughly $4.5 trillion, Nvidia now wears the crown of the world's most valuable company. This raises the question: Is there any upside left, or have investors who don't already own shares missed the boat? © All rights reserved. Stock prices are provided by BSB-Software This page uses Cookies. For proper functioning of the page Cookies are needed.

You agree to using Cookies by clicking "OK". More infos can be found in our Privacy declaration. If you disagree this service is only available in very limited ways. Artificial intelligence (AI) has been around in some form or another for more than five decades. However, the advent of generative AI early last year took the technology to the next level. These constantly improving and self-learning algorithms have the potential to streamline and automate many time-consuming tasks.

Experts believe the resulting boost in productivity and efficiency will usher in the "fourth industrial revolution." Arguably, the biggest beneficiary thus far has been Nvidia (NASDAQ: NVDA). The company pioneered the graphics processing units (GPUs) that originally rendered lifelike images in video games. These chips delivered the horsepower needed for this computationally intensive task. GPUs proved equally adept at powering AI, sending Nvidia into the stratosphere. The stock has gained more than 800% since early last year, leaving some investors to wonder if its simply too late to buy.

Fear not, for Nvidia has what it takes to be the world's first $20 trillion company, at least according to one Wall Street analyst. That implies additional upside for the stock of nearly 500% from its current level. Is that realistic? Below, I'll outline Nvidia's path to success and what could drive the stock to these admittedly lofty heights. When Nvidia introduced the GPU in 1999, the secret to its success was parallel processing, which can conduct a multitude of mathematical computations simultaneously. This involves using various processor cores to work on different parts of a computationally intensive task, thereby completing it much more quickly.

Nvidia soon applied this same process to handling AI, ushering the technology into the 21st century. Nvidia's market value has risen severalfold over the last few years, propelling the company to a spot as the most valuable business in the world. Boston Consulting Group founder Phil Panaro sees Nvidia reaching a $20 trillion valuation by 2030. Panaro's forecast hinges on three untapped markets poised for AI disruption. Nvidia's (NASDAQ: NVDA) transformation over the past few years ranks among the most extraordinary business stories in modern capitalism. What began as a niche designer of graphics chips for gamers has evolved into the central nervous system of the artificial intelligence (AI) economy.

Today, hyperscalers like Microsoft, Amazon, Alphabet, Oracle, and Meta Platforms rely on Nvidia's hardware and software stack to train and deploy their AI models. Unprecedented demand has fueled staggering financial growth, propelling Nvidia's market value nearly 16x during the AI revolution. At a market cap of roughly $4.5 trillion, Nvidia now wears the crown of the world's most valuable company. Nvidia's market value has risen severalfold over the last few years, propelling the company to a spot as the most valuable business in the world. Boston Consulting Group founder Phil Panaro sees Nvidia reaching a $20 trillion valuation by 2030. Panaro's forecast hinges on three untapped markets poised for AI disruption.

Nvidia's (NASDAQ: NVDA) transformation over the past few years ranks among the most extraordinary business stories in modern capitalism. What began as a niche designer of graphics chips for gamers has evolved into the central nervous system of the artificial intelligence (AI) economy. Today, hyperscalers like Microsoft, Amazon, Alphabet, Oracle, and Meta Platforms rely on Nvidia's hardware and software stack to train and deploy their AI models. Unprecedented demand has fueled staggering financial growth, propelling Nvidia's market value nearly 16x during the AI revolution. At a market cap of roughly $4.5 trillion, Nvidia now wears the crown of the world's most valuable company. Artificial intelligence (AI) has been around in some form or another for more than five decades.

However, the advent of generative AI early last year took the technology to the next level. These constantly improving and self-learning algorithms have the potential to streamline and automate many time-consuming tasks. Experts believe the resulting boost in productivity and efficiency will usher in the "fourth industrial revolution." Arguably, the biggest beneficiary thus far has been Nvidia(NASDAQ: NVDA). The company pioneered the graphics processing units (GPUs) that originally rendered lifelike images in video games. These chips delivered the horsepower needed for this computationally intensive task.

GPUs proved equally adept at powering AI, sending Nvidia into the stratosphere. The stock has gained more than 800% since early last year, leaving some investors to wonder if its simply too late to buy. Fear not, for Nvidia has what it takes to be the world's first $20 trillion company, at least according to one Wall Street analyst. That implies additional upside for the stock of nearly 500% from its current level. Is that realistic? Below, I'll outline Nvidia's path to success and what could drive the stock to these admittedly lofty heights.

When Nvidia introduced the GPU in 1999, the secret to its success was parallel processing, which can conduct a multitude of mathematical computations simultaneously. This involves using various processor cores to work on different parts of a computationally intensive task, thereby completing it much more quickly. Nvidia soon applied this same process to handling AI, ushering the technology into the 21st century.

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Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement Nvidia's (NASDAQ: NVDA) transformation over the past few years ranks among the most extraordinary business stories in modern capitalism. What began as a niche designer of graphics chips for gamers has evolved into the central nervous system of the artificial intellig...

At A Market Cap Of Roughly $4.5 Trillion, Nvidia Now

At a market cap of roughly $4.5 trillion, Nvidia now wears the crown of the world's most valuable company. This raises the question: Is there any upside left, or have investors who don't already own shares missed the boat? © All rights reserved. Stock prices are provided by BSB-Software This page uses Cookies. For proper functioning of the page Cookies are needed.

You Agree To Using Cookies By Clicking "OK". More Infos

You agree to using Cookies by clicking "OK". More infos can be found in our Privacy declaration. If you disagree this service is only available in very limited ways. Artificial intelligence (AI) has been around in some form or another for more than five decades. However, the advent of generative AI early last year took the technology to the next level. These constantly improving and self-learning ...

Experts Believe The Resulting Boost In Productivity And Efficiency Will

Experts believe the resulting boost in productivity and efficiency will usher in the "fourth industrial revolution." Arguably, the biggest beneficiary thus far has been Nvidia (NASDAQ: NVDA). The company pioneered the graphics processing units (GPUs) that originally rendered lifelike images in video games. These chips delivered the horsepower needed for this computationally intensive task. GPUs pr...

Fear Not, For Nvidia Has What It Takes To Be

Fear not, for Nvidia has what it takes to be the world's first $20 trillion company, at least according to one Wall Street analyst. That implies additional upside for the stock of nearly 500% from its current level. Is that realistic? Below, I'll outline Nvidia's path to success and what could drive the stock to these admittedly lofty heights. When Nvidia introduced the GPU in 1999, the secret to ...