Where Will Nvidia Stock Be in 2030?
Key takeaways
- NVDA Nvidia (NASDAQ: NVDA) makes the chips behind most of the artificial intelligence (AI) build-out, and the payoff for its shareholders has been enormous.
- Given this backdrop, it's a good time to tune out the near-term noise and focus on the long-term.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA Nvidia (NASDAQ: NVDA) makes the chips behind most of the artificial intelligence (AI) build-out, and the payoff for its shareholders has been enormous. But lately a new worry has surfaced: What if AI spending is near its peak? That question has pushed the stock down about 18% from its mid-May high as of this writing, even as Nvidia's business keeps accelerating.
Given this backdrop, it's a good time to tune out the near-term noise and focus on the long-term. So, where could the stock realistically be in 2030?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »