NVIDIA has had a strong year so far, with stock gains of over 130% and a market cap of $2.79 trillion. Analysts predict it could reach $10 trillion by 2030. The company is enacting a 10-for-1 stock split on June 7, which will adjust the stock price on June 10.
Beth Kindig, a lead technology analyst, highlights the competition between NVIDIA and AMD in the AI chip market. NVIDIA’s opportunities in software, automotive, and robotics could help it reach the $10 trillion mark. The company’s continued growth is driven by advancements like the Omniverse platform for robotics development.
Kindig estimates AMD could capture up to 20% of the market share, with NVIDIA being a tougher competitor. Despite NVIDIA’s strong year-to-date performance, investors need to consider market trends when deciding to buy or sell the stock. Timing the market and understanding broader sentiment are crucial factors to consider when investing in technology companies like NVIDIA.
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https://finance.yahoo.com/video/nvidia-could-reach-10-trillion-113045504.html
