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Nvidia’s Projected Growth in AI Market
Nvidia, currently valued at $4.58 trillion, could see its market capitalization reach $50 trillion by 2035, as projected by veteran investor James Anderson. Anderson anticipates this growth due to the ongoing adoption of artificial intelligence, estimating Nvidia could achieve earnings per share (EPS) of $1,350 and generate free cash flow of $1,000 per share over the next decade.
In its fiscal 2026 second quarter, which ended on July 27, Nvidia reported a revenue increase of 56% year-over-year, totaling a record $46.7 billion. As of now, the company commands 92% of the data center GPU market, underpinning its dominant position in AI hardware.
Despite challenges, including rising competition and potential economic downturns, Anderson believes the AI market, projected to be worth $15.7 trillion by 2030, presents a significant opportunity for Nvidia and its shareholders.
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