Prediction: This Will Be Nvidia's Market Cap 5 Years From Now

The world is Nvidia's (NASDAQ: NVDA) oyster. As the spending boom on artificial intelligence (AI) data centers gets kicked into overdrive, the largest company in the world by market capitalization keeps moving higher and higher, with the stock at a price of $188 as of this writing on Oct. 8. Nvidia has a dominant market share for AI computer chips and is signing lucrative deals with companies such as OpenAI that will drive even more growth in the years ahead.But at a market cap of over $4.5 trillion and an expensive looking price-to-earnings ratio (P/E), some investors are rightfully nervous that the best returns are in the past. Is that true? Let's dig into the numbers and try to estimate where the company's market cap will be five years from now. The most important player in AI today could be OpenAI, a disruptor aiming to dethrone the likes of Alphabet's Google and even other technology giants. It recently achieved a valuation of $500 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool