Nvidia's AI Growth Potential

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Nvidia risks

The Motley Fool

•

Technology

Is Nvidia a buy after soaring 800% since early 2023? Here's why

Summary

Nutrition label

71% Informative

Nvidia rose to prominence in AI thanks to its Hopper AI accelerator chip architecture, which became the gold standard for training today 's AI models.

The global AI chip industry was estimated at $123 billion in 2024 and could grow to $311 billion by 2029 .

Nvidia 's trailing-12-month revenue was $113 billion , most of which came from AI data center sales.

Right now, we’re issuing “ Double Down ” alerts for three incredible companies, and there may not be another chance like this anytime soon.

Stock Advisor returns as of January 13, 2025 Is Nvidia a Buy? was originally published by The Motley Fool .

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