Nvidia Stock Could Touch $800 By 2030, BGG Executive Predicts 550% Upside Driven By AI Revolution And Web3 Transition
Portfolio Pulse from Kaustubh Bagalkote
Former BCG executive Phil Panaro predicts Nvidia's stock could reach $800 by 2030, driven by AI and Web3 advancements. Nvidia's revenue is expected to grow significantly, with a major boost from its upcoming AI chip, Blackwell. Despite some skepticism, Nvidia's innovative approach and market potential remain strong.
September 30, 2024 | 6:35 am
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Phil Panaro forecasts Nvidia's stock could reach $800 by 2030, driven by AI and Web3 advancements. Nvidia's revenue could grow tenfold, with a significant boost from its upcoming AI chip, Blackwell.
The prediction of a significant increase in Nvidia's stock price is based on expected growth in AI and Web3 sectors, which are core to Nvidia's business. The upcoming AI chip, Blackwell, is anticipated to drive further revenue growth. Despite some skepticism, the overall outlook remains positive, suggesting a likely upward trend in the short term.
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