Years of investment into the AI sector are paying off for Nvidia, which continues to blow quarterly expectations out of the water. As companies continue to get serious over the rise of AI, the importance of Nvidia will only continue to grow. The technology industry is seeing a long-term transition toward the future, and Nvidia has positioned itself as an industry leader.
The rise of Nvidia alongside the continued success of Microsoft, Google, and all others aboard the AI train, is both cause for excitement and concern. Investors must only look back to the infamous "dot.com bubble" for justification. While AI certainly holds opportunities for the future, tech sector booms and busts have certainly happened before.
There is a 35% chance that the stock price of Nvidia will trade below $250 for at least one full day before 2025, according to the Metaculus prediction community.