Over the last five years, Nvidia (NASDAQ: NVDA) investors have been on a roller coaster ride as shares careened from boom to bust and back. And while the chipmaker ended the period up a whopping 562%, the ride was far from easy. Let's explore what Nvidia's next five years could look like and decide if now is a good time to bet on the stock. 

Analysts at Price Waterhouse Coopers expect artificial intelligence (AI) to contribute $15.7 trillion to the global economy by 2030 as it is used across industries to boost productivity, stimulate consumer demand and drive innovation. Over the next five years, Nvidia is poised to benefit massively from this megatrend. While the company doesn't offer consumer-facing generative AI applications, it boasts an impressive 80% market share in AI-capable GPU chips such as the A100 and H100, which train and power applications like ChatGPT. 

The AI impacts are already showing in Nvidia's operational results. Revenue jumped 101% year over year to $13.5 billion, based on a surge in data center chip sales for generative AI applications. Investors should expect the company to report a high top-line growth rate for the next few years as AI usage becomes more entrenched in the economy. With that said, it won't necessarily be an easy road ahead. 

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Source Fool.com