From Nasdaq: 2025-06-07 04:03:00

Nvidia (NASDAQ: NVDA) has seen an 850% increase in share price since January 2023, driven by its AI technology like ChatGPT. Analysts are bullish, with a median 12-month target price of $175 per share, implying 25% upside from the current $140 price. Angelo Zino of CFRA Research sees Nvidia as a crucial company for the future.

Nvidia excels in vertical integration, holding over 90% of the market share in data center GPUs. They offer software products like AI Enterprise and Omniverse, used by companies like CrowdStrike and Amazon. Nvidia sets performance records in AI benchmarks and aims to match the 35.9% annual growth in AI hardware, software, and services spending through 2030.

While Nvidia may not turn $50,000 into $1 million over the next decade, it remains a solid investment due to its position in the growing AI market. Wall Street expects 40% annual earnings growth through 2027. The company’s software business and potential in generative AI, autonomous vehicles, and humanoid robots make it a promising long-term play.

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Read more at Nasdaq: Will $50,000 Invested in Nvidia Stock Be Worth $1 Million in 10 Years?