Nvidia stock poised for strong growth as demand for AI chips surges
fool.com —
Nvidia's stock has seen significant growth, increasing 11 times since late 2022. Analysts expect continued strong performance in 2025, driven by high demand for its new Blackwell AI processors and improved supply of existing chips. KeyBanc forecasts Nvidia's revenue could reach $130.6 billion for the current fiscal year, with strong sales of its Hopper chips and new GB200 Superchips. Foxconn is building a large production facility to support this demand. Market estimates suggest Nvidia could generate nearly $200 billion in data center revenue in 2025. Analysts predict earnings will rise significantly, with a median price target of $150 for the stock, and a high target of $203.