Here's Why Nvidia Stock Could Double in 2025
Nvidia(NVDA) The Motley Fool·2024-12-28 11:15The past two years have been absolutely incredible for investors in Nvidia (NVDA -2.09%) as shares of the semiconductor giant more than doubled in both 2023 and 2024, rising 860% since the beginning of last year thanks to the effects that artificial intelligence (AI) has had on the company's revenue and earnings.In December 2023, I discussed the reasons shares of Nvidia could double in 2024. These included the robust demand for its graphics processing units (GPUs) for AI model training and inference, and th ...