Nvidia Will Be The Next Apple

last updated on

Nvidia Will Be The Next Apple

Nvidia Stock Will Be The Next Apple

Apple stock has enjoyed unprecedented success in the last decade. But, it also makes me wonder if there will be another stock just like that? According to experts, Nvidia stock has the potential to be the next Apple in the 2030s.

Nvidia has already managed to surpass Apple in terms of market cap. After all, Apple's valuation is $3.7 trillion while Nvidia's market cap is $4 trillion. However, Nvidia still has a long way to go in terms of new products and services.

Nvidia Remains A Big Ai Player

Nvidia has been at the center stage of the AI boom, and there's no denying that! The company makes GPUs, which are essential for AI tasks.

If we look back, Nvidia was mostly famous for making gaming GPUs, but that has changed now. Besides gaming, Nvidia now also makes GPUs specifically for the AI industry.

According to experts, the AI infrastructure is still in its early phase, and the spending in this regard will reach $4 trillion in the year 2030.

This means Nvidia still has ample room to grow as its GPUs will be essential for powering new data centers. Also, the use of AI in the real world will also increase vastly in the next 5-10 years. So in the next growth phase of AI, one of the key players will be Nvidia because of its chips!

Meanwhile, Nvidia also continues to dominate the gaming market as its gaming revenue is now $4 billion. Although it is not a big market, Nvidia still hasn't forgotten its true roots.

So, if you are in search of a stock that will be the next Apple, look no further than Nvidia! Although its market cap is already beyond Apple, there's a lot of room for growth.

And when we consider the fact that AI is still in its early phase of adoption, it becomes clear what kind of growth is awaiting Nvidia.

Trending Stories