Reasons To Buy Nvidia

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Reasons To Buy Nvidia

Reasons To Buy Nvidia (Nvda) Stock

Nvidia (NVDA) is lucky in the sense that it has managed to jump on growth trends over all these years. Now, the company has managed to hop on the AI train, and its stock is now enjoying massive growth.

It started with gaming PCs and then moved on to cryptocurrency. This was followed by HPC (high-performance computing), and finally, it was AI. Nvidia has always been at the center of each of these trends.

Nvidia Earned $1.7 Billion From Automotive Sector

Now, another sector where Nvidia has struck gold is the automotive business. In fiscal 2025, Nvidia's revenue was $1.7 billion from the automotive revenue. That's an increase of almost 5% from last year.

According to Nvidia, its revenue from the automotive sector will reach $5 billion during fiscal 2026. If this turns out to be true, that would be an increase of almost 3x.

The reason for this bullish forecast is the fact that Nvidia chips are now in high demand. From component suppliers to major automakers, everyone is now relying on the company's solutions.

Nvidia has also recently announced its partnership with Toyota, a leading automaker with a worldwide footprint. The company will help them in building the next-gen vehicles that will be powered by Nvidia technology.

Other big names such as Continental and Aurora are also using Nvidia's DRIVE Thor system for their self-driving trucks.

Looking ahead, Nvidia will continue to be a dominant player in gaming, AI, data centers, and automobiles. But for the time being, the key growth will come from AI.

With so many good reasons out there, it seems like a good idea to consider buying Nvidia stock. However, finding the ideal entry point is something that everyone will have to decide on their own. As far as the growth prospects are considered, everything is in favor of the Nvidia stock.

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