Nvidia stock has doubled in the last two years, high expectations for 2025 growth
From Nasdaq: 2024-12-16 18:20:00
Shares of Nvidia (NASDAQ: NVDA) have doubled in each of the last two years, with a 239% increase in 2023 and a 170% rise year to date. Expectations are high for strong growth in 2025 as $1 trillion of data center infrastructure transitions to advanced hardware for AI.
The consensus estimate predicts a 51% revenue increase in the coming fiscal year for Nvidia. The launch of Blackwell in 2025 could drive growth, but competition from AMD’s Instinct GPUs and potential valuation concerns may impact future gains. Investors should consider long-term prospects before buying.
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Read more at Nasdaq: Nvidia Stock Keeps Growing for Investors, but Is It Time to Lower Expectations for 2025?