Analyst predicts Nvidia will reach $10 trillion market value with Blackwell chip’s potential likened to ‘fireworks’ for stock

Nvidia’s $10 Trillion Valuation: A Look Into the Future

At Extreme Investor Network, we are always looking ahead to see where the next big investment opportunities may lie. That’s why we were intrigued by tech analyst Beth Kindig’s bold prediction that Nvidia could reach a $10 trillion valuation in the coming years.

Kindig, the lead tech analyst at I/O Fund, believes that Nvidia is on track for massive gains, driven by strong expected growth and the launch of its next-generation AI chip, Blackwell. Despite some concerns on Wall Street about Nvidia’s valuation and the postponement of the Blackwell chip launch, Kindig remains bullish on the company’s prospects.

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Nvidia CEO Jensen Huang has also expressed confidence in the progress of the Blackwell chip, citing improvements in yield and the potential for “billions of dollars” in revenue from the next-gen chip. This news has only added fuel to the fire for investors like Kindig, who see a bright future for Nvidia.

Looking ahead, Kindig predicts that Nvidia’s growth trajectory will become even more apparent as Wall Street analysts revise their fiscal estimates and shipping volume figures for Blackwell are released in 2025. She anticipates “fireworks” for Nvidia in the near future, with the potential for significant gains for investors.

While Kindig’s forecast may be one of the most bullish, analysts are still optimistic about Nvidia’s future. With an average price target of $151 per share, there is potential for another 27% upside for the stock over the next 12 months, according to Nasdaq data.

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At Extreme Investor Network, we believe in staying ahead of the curve and finding opportunities where others may not. Keep an eye on Nvidia as it looks to reach new heights and potentially achieve that $10 trillion valuation in the future. Exciting times may be ahead for investors who see the potential in this tech giant.