Where Will Nvidia Stock Be in 10 Years?
Predicting where any company will be 10 years in the future isn't an easy task. A decade ago, there were no companies with $1 trillion market caps -- the largest came in at around $500 billion. Now, there are six companies with 13-digit valuations in the U.S.
Predicting a company's future becomes even more difficult when it's involved with an explosive trend such as artificial intelligence (AI). While there may be a risk of a bubble forming, significant business results disprove that view. Nvidia (NASDAQ: NVDA) is at the forefront of this discussion, as its products are critical in this area. However, the company saw a dramatic rise in its stock price, and there's now a lot of optimism baked into it.
So where will Nvidia be in a decade?
Source Fool.com
