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①i/o fund technology analyst beth kindig said nvidia's valuation is expected to reach $10 trillion; ②she expects the stock to rise strongly after blackwell goes public.

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."

jin ding believes that nvidia's performance is still "very good" and investors don't need to worry.

nvidia ceo jensen huang has defended blackwell's progress in a recent interview, revealing that the company has "made massive changes to increase production" and hopes to generate "billions of dollars" in revenue from the next generation of chips.

“that’s why the numbers are always revised upwards and never downwards,” gindin said of nvidia’s estimates. “i remain optimistic about blackwell’s upcoming product launch.”

she expects nvidia's growth trajectory to become more apparent once wall street analysts raise nvidia's fiscal guidance for next year, which should be a "big moment" for nvidia, followed by blackwell shipment data in 2025.

"i would say it's going to be a fireworks display. absolutely, the final fireworks for blackwell will be in the first quarter of next year with the second quarter guidance," she said."early next year, nvidia will be great again, and we will move towards our $10 trillion goal."

for now, gindin has the most bullish forecast for the chip company. the average analyst price target is $151 per share, which implies a 26.5% upside over the next 12 months, according to nasdaq.