NVIDIA Slated for $6 Trillion Dollars in Valuations
- preferredtalent
- Jul 11, 2024
- 1 min read
Hedge fund manager Eric Jackson has issued a confident projection regarding Nvidia's stock performance, predicting that it will hit $250 per share by the end of the year. This estimate suggests that Nvidia has the ability to increase its value by more than 100% from its current trading levels, which would position the company to reach an impressive valuation of $6 trillion. Jackson, who employs a unique AI and machine learning-based algorithm at EMJ Capital to select both long and short technology stocks, is confident that Nvidia's impressive surge in value will persist throughout the year.
NVIDIA pioneers the creation of the GPU and propels advancements in artificial intelligence, robotics, high-performance computing, gaming devices, creative design, and self-driving vehicles.
I asked AI, "What would a GPU look like to AI?" This was the response:
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