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AI applications are forecast to drive a productivity boom across the globe, which could be worth up to $200 trillion in economic activity by 2030, according to Cathie Wood's ARK Investment.
According to Yahoo Finance, of 46 analysts who provided a 12-month price forecast for Nvidia, the average estimate was $641.23, representing about a 33% increase over the current trading price.
Assuming Nvidia does reach $600 billion in sales in 2030, the stock will have to maintain its current price-to-sales ratio (P/S) of 32 to generate 561% returns from this level. That would ...
Nvidia (NASDAQ: NVDA) has proven to be an excellent investment over the short and long terms. The stock has soared 2,700% in five years and so far this year, is heading for an increase of almost 200%.
Statista.com predicts a compound annual growth rate (CAGR) for the total AI market of 28.5% through 2030. That growth that can propel Nvidia's business for years to come. That growth that can ...
Assuming it can hit $1 trillion in revenue by 2030 and 15% operating margins, Amazon's operating income will jump to $150 billion by the end of this decade. If this happens, I think it will have a ...
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