Unlike Internet Bust the Current AI and Tech Earnings Justify Higher Stock Valuation
by Brian Wang from NextBigFuture.com on (#7807D)
Raymond James analyst Simon Leopold says Nvidia could make $1 trillion in revenue for the fiscal year that ends in January 2029. At yesterdays earnings call, Nvidia guided to 70% revenue growth for 2027. Nvidia is likely to make 403 billion in revenue in 2027. 70% growth would hit almost $700 billion in 2028. They ...