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analysts boldly predict: nvidia's market value will soar to $10 trillion next year!

2024-09-02

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cailianshe news, september 2 (editor: huang junzhi)beth kindig, chief technology analyst at i/o fund, said nvidia's market value is expected to more than triple, which means she sees a lot of upside potential in the company's stock.

in a recent interview, gindin said she expects nvidia's long-term valuation to reach $10 trillion, with the company's current market value at $2.93 trillion.

she said that meant the ai ​​giant was set to post huge earnings, thanks to strong expected growth and gains from its next-generation ai chip, blackwell.

considering nvidia's sharp rise over the past year and investors' huge expectations for its earnings growth, wall street investors are increasingly worried that nvidia is becoming overvalued. last week, after nvidia released its latest financial report, its third-quarter performance guidance failed to satisfy investors, causing its stock price to plummet and its market value to fall below $3 trillion.

on the other hand, investors were also concerned about nvidia's blackwell chip after industry analysts reported that the chip's launch would be delayed by two to three months due to "significant issues in reaching high production yields."