Could Serve Robotics Become the Next Nvidia?
Serve Robotics Inc.(SERV) The Motley Fool·2024-11-24 09:30
This little delivery robot maker could still have plenty of room to grow.Nvidia's (NVDA -3.22%) stock soared 2,630% over the past five years, boosting its market cap to roughly $3.5 trillion and making it the most valuable company in the world. Most of that rally was driven by its brisk sales of AI-oriented GPUs for data centers.From fiscal 2019 to fiscal 2024 (which ended this January), Nvidia's revenue grew at a compound annual growth rate (CAGR) of 39%. But from fiscal 2024 to fiscal 2027, analysts expec ...