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MarketBeat

Business

Thomas Hughes

NVIDIA Rally? The Market Hasn’t Seen Anything Yet

Nvidia MarketBeat

If you think that NVIDIA’s (NASDAQ: NVDA) rally-to-date has been impressive, just wait for what comes next. News revealed at the GTC developer conference shows the AI boom is still growing, much larger and faster than expected, indicating potential for another series of triple-digit gains. It may take a minute to comprehend, but this is a series—not just one—of triple-digit gains that could be possible for this semiconductor stock.

CEO Jenson Huang said there is a trillion-dollar revenue opportunity to be realized through 2027, far larger than expected. So large, in fact, that it more than doubles the existing two-year revenue outlook, suggesting NVIDIA’s stock price has yet to be unleashed.

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