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Prediction: Nvidia Stock Will Soar in 2025, and Not Just Because the AI Boom Is Building Steam
NVDANvidia(NVDA) The Motley Fool·2024-12-02 10:15

Nvidia (NVDA 2.15%) was the single best performing stock in the S&P 500 (^GSPC 0.56%) in 2023, and it ranks as the fourth-best performing member of the index year to date in 2024. Its share price has increased 845% during that period due to strong earnings growth driven by tremendous demand for its graphics processing units (GPUs).Nvidia is once again poised to generate market-beating returns for shareholders in 2025. The most obvious reason is its leadership in artificial intelligence (AI) accelerators, a ...