From Yahoo Finance: 2025-03-22 14:00:00

Nvidia projected $1 trillion in data center infrastructure capex by 2028 at its GTC conference. This would be a continued acceleration of spending in the space, benefiting Nvidia’s GPUs used in AI infrastructure. The company estimated capturing 25-30% of 2024 data center infrastructure spending, targeting $250-300 billion in revenue in 2028. Nvidia also introduced new powerful Blackwell Ultra GPUs and plans for Vera Rubin chips to enhance performance. Additionally, Nvidia revealed Dynamo, a new open-source software system to increase inference throughput. Huang announced Isaac GROOT N1 for robotics and autonomous driving markets. Nvidia will collaborate with General Motors on autonomous driving systems, following a deal with Toyota for driver-assistance features. Despite being a top player in AI infrastructure, Nvidia continues to innovate and expand into new markets. The stock remains attractively valued with a forward P/E ratio under 26 times this year’s estimates and a PEG ratio below 0.5, making it a solid long-term buy.



Read more at Yahoo Finance: 1 Trillion Reasons to Buy Nvidia’s Stock Right Now