Where Will Nvidia Stock Be in 3 Years?
The rise of Nvidia (NASDAQ: NVDA) has been nothing short of incredible. No company has grown as quickly as Nvidia at the scale that it is. But that's all in the past; investors want to know what's in store for Nvidia stock in the future.
The problem is that Nvidia's future is extremely cloudy. While it could continue its rapid growth, it could face challenges with its primary products.
Nvidia's primary products are graphics processing units (GPUs). These hardware pieces were originally intended to process gaming graphics quickly, but their use case has expanded beyond that. GPUs can run engineering simulations, research drugs, mine cryptocurrency, and, most importantly, train artificial intelligence (AI) models. The latter has contributed substantially to Nvidia's rise during the past year and a half.
Source Fool.com
