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What Nvidia Just Released Will SHOCK The Entire Industry
Continuing our discussion on Nvidia, we've seen a huge increase in the company's value, tripling in just a year. The big question now is whether this rapid growth is just a short-term thing or if it can keep going as more investors put money into the AI sector. Joining us today is Doug Clinton, Managing Partner at Deepwater Asset Management, who strongly believes in the potential for continued growth.
Doug thinks that even though it might seem natural to wonder when this rise will stop, we're actually still in the early stages-maybe the third or fourth inning-of a market driven by AI. Even though the steep growth curve on charts might look scary, Doug suggests that this unease is something investors might need to get used to. He imagines a future where this growth turns into a full-blown AI bubble, and at that point, discussions about valuations might become less important.
Nvidia's path in the tech world is truly amazing. Just a few years ago, their data center business was worth $15 billion, and last year it shot up to $48 billion. Now, experts believe it could go over $100 billion this year. Such a huge jump in revenue is rare in history.