Here's Why Nvidia Stock Could Double in 2025
The past two years have been absolutely incredible for investors in Nvidia (NASDAQ: NVDA) as shares of the semiconductor giant more than doubled in both 2023 and 2024, rising 860% since the beginning of last year thanks to the effects that artificial intelligence (AI) has had on the company's revenue and earnings.
In December 2023, I discussed the reasons shares of Nvidia could double in 2024. These included the robust demand for its graphics processing units (GPUs) for AI model training and inference, and the steps being taken by its manufacturing partner, Taiwan Semiconductor Manufacturing (NYSE: TSM), to ramp up supply.
In this article, I will look at Nvidia's catalysts for 2025 and check why this high-flying chipmaker could double in value once again in the new year.
Source Fool.com
