Nvidia Set To Reach $10 Trillion Valuation As Blackwell Expected To Propel Chip Maker With 'Fireworks Again' In 2025, Analyst Predicts
Portfolio Pulse from Benzinga Neuro
Nvidia is projected to reach a $10 trillion valuation, driven by its next-gen AI chip, Blackwell, despite recent valuation concerns and production delays. Analyst Beth Kindig predicts significant growth once Wall Street revises fiscal estimates upward, with pivotal moments expected in 2025.
September 02, 2024 | 3:31 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nvidia is expected to reach a $10 trillion valuation, driven by its Blackwell AI chip, despite recent valuation concerns and production delays. Analyst Beth Kindig predicts significant growth once Wall Street revises fiscal estimates upward, with pivotal moments expected in 2025.
The article highlights Nvidia's potential to reach a $10 trillion valuation due to its upcoming Blackwell AI chip. Despite recent stock price drops and production delays, analysts remain optimistic about Nvidia's growth, especially with expected fiscal estimate revisions. This positive outlook is likely to boost investor confidence and drive short-term stock price increases.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100