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Nvidia’s Growth Projections and Market Potential
Beth Kindig, CEO of I/O Fund, predicts Nvidia’s (NASDAQ: NVDA) market cap could soar to $6 trillion by the end of next year, suggesting a potential 43% increase. In Q2, Nvidia reported $41.1 billion in data center sales, marking a year-over-year growth of 56%, translating to an annualized run rate of about $160 billion.
Kindig anticipates Nvidia could achieve $50 billion in quarterly data center revenue by the end of this year, driven by emerging applications and the company’s new Blackwell and Blackwell Ultra GPU architectures. She estimates that continued investments in infrastructure could elevate Nvidia’s data center revenue to $75 billion per quarter, projecting a $300 billion annual run rate by next year.
Major hyperscalers like Amazon, Microsoft, and Alphabet are significantly increasing their capital expenditures to enhance AI capabilities, benefiting Nvidia as its GPUs become essential for advanced technological applications such as robotics and autonomous systems.
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