Is Nvidia Going to Plunge 50% (or More)? History Offers a Very Clear Answer.

Since the advent of the internet roughly three decades ago, there has been no shortage of next-big-thing trends and innovations generating buzz on Wall Street. Some examples include genome decoding, 3D printing, and the metaverse. However, no leap forward in innovation has come close to rivaling the addressable potential for artificial intelligence (AI).In Sizing the Prize, the analysts at PwC forecast that AI would add $15.7 trillion to global gross domestic product by 2030. A $15.7 trillion market is large enough to accommodate a long list of direct and indirect winners in this space.But over the last two years, there's no question that semiconductor colossus Nvidia (NASDAQ: NVDA) has the prime beneficiary of the rise of AI. The million-dollar question is, "Will the company's share price continue to reflect it?"Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool