Nvidia’s Future Growth May Slow
Nvidia, currently the most valuable company globally with a market capitalization of approximately $4.9 trillion, is expected to face a slowdown in growth. Analysts at LSEG project its sales to grow at a compounded annual growth rate (CAGR) of 26.2% through 2028. This marks a notable shift as other chipmakers are set to gain market share, with Broadcom, Advanced Micro Devices (AMD), and Marvell Technology projected to grow faster at CAGR rates of 35.6%, 35.2%, and 30.3% respectively.
Broadcom’s revenue to surpass $100 billion by 2027, if achieved, is significant for a company with recent revenues totaling $68 billion. AMD is launching its new MI450 GPU this quarter, increasing analyst optimism about its future. Marvell recently secured a design contract from Google, affirming its pivotal role in custom chip manufacturing.
