Prediction: Nvidia (NVDA) Stock Will Soar Over the Next 10 Years. Here's 1 Reason Why.

My colleague, Adria Cimino, recently predicted that Nvidia (NASDAQ: NVDA) shares, recently trading near $189 per stub, will reach $400 by 2030, only five years from now. I'm bullish on the stock, myself, own a few shares, and expect them to do quite well over the coming decade.Why do we expect Nvidia to soar over the coming decade? Well, in my view, there are many reasons. A chief one is the continuing growth of artificial intelligence (AI) technology -- around the world. Nvidia, with a recent market cap of $4.6 trillion, is a leading semiconductor company, and the chips it designs are critical for AI because they help train AI.Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool