Posted 3/10/2024, 7:49:00 AM
Nvidia Poised to Grow 5x by 2030 Thanks to Dominant Position in AI, Gaming, Autonomous Vehicles
- Alphabet, Amazon, Microsoft, Meta, and Nvidia have delivered huge stock gains recently, but which will grow 5x by 2030?
- All 5 stocks have strong AI growth prospects powering cloud computing, chips, social media, and more
- Meta is eliminated due to less direct AI exposure and uncertainty around the metaverse
- Microsoft is eliminated primarily due to its high valuation compared to growth prospects
- The race is tight between Alphabet and Nvidia, but Nvidia is chosen due to massive growth opportunities in AI, gaming, self-driving cars, the metaverse, and more