Artificial intelligence (s) has clearly stimulated the growth of many companies over the last few years. This technology promises to change the way of doing many things and as a result, Supercarge businesses and lower costs. Some players are already winning in the field by creating AI tools and services, or applying such an AI to their daily operations.
This led to billions of dollars to some, as well as increased efficiency and lower costs. Investors have appreciated this by sending many of these AI companies to new heights, and stocks have increased triple and quad -digit in the last few years. It also shocked the companies’ rating by the top limit of the market, as the players oriented noticed that their market value had begun.
In fact, a couple of months ago, one of these companies reached a huge phase of the top boundary of the market – one that no other company had achieved yet. Now my forecast is that this AI player will continue to go higher and be worth a $ 10 trillion dollars in five years. Let’s dive into this exciting AI growth history.
This company has occupied the world of technology in recent years, becoming world no. 1 AI chips designer. I speak Nvidia (NASDAQ: NVDA); Chips are the most important because they drive the most important tasks, and this technology giant graphics processing devices (GPU) or AI chips are the most powerful on the planet. And customers who seek to win AI drew attention. They took advantage of the use of as much NVIDIA GPU as possible to carry out their own projects, resulting in increased income growth in NVIDIA.
The best illustration of this is to compare NVIDIA annual $ 27 billion revenue only two years ago with the latest all year, during which income has increased by more than $ 130 billion.
Investors have admitted this because NVIDIA stocks have increased by more than 1100%over the last three years. This helped the company achieve the main phase of the market in the market – 4 trillion dollars a couple of months ago. He became the first to reach this level to ensure his place as the world’s largest company. Actually, it lasts to 4.3 trillion USD and giants Microsoft and An apple At least for the time being, stay with a $ 4 trillion dollars.
Why do I think Nvidia could reach $ 10 trillion from here? The company predicts that II infrastructure costs may increase by the end of a decade to $ 4 trillion. NVIDIA, as a supplier of the most coveted chips and related products, can attract a lot of this business. In the past, the company took about 25% of the data center costs, which could mean $ 1 trillion in NVIDIA revenue. As NVIDIA’s income grew, the price and market value of its shares also increased. And it is likely to repeat.