Nvidia CEO predicts AI category to reach $1 trillion, highlighting growth potential and strong investment

From Nasdaq: 2025-03-20 05:45:00

Nvidia (NASDAQ: NVDA) is a top AI stock, with its annual GTC conference showcasing new products and achievements. CEO Jensen Huang revealed plans for Blackwell, Rubin, and Feynman platforms, and a partnership with GM for self-driving cars. He forecasted data center capital expenditures to reach $1 trillion by 2028, driving Nvidia’s growth. Despite recent stock sell-offs, Nvidia’s forward P/E is under 26, making it a potential bargain for investors. The company’s dominance in data center GPUs and potential in edge applications like robotics and autonomous vehicles make it a strong long-term investment.



Read more at Nasdaq: Jensen Huang Just Predicted This AI Category Would Reach $1 Trillion. Is Nvidia Stock a Buy?