1 Jaw-Dropping Projection That Makes Nvidia a Screaming Buy

Nvidia (NASDAQ: NVDA) has been a top-performing stock each of the last three years. With that kind of run behind it, investors would be forgiven if they thought Nvidia didn't have enough steam to continue higher. However, if the market opportunity is as large as its management projects, Nvidia clearly has a ton of room to run.During its Q2 conference call, Nvidia's CEO and founder, Jensen Huang, stated that he expects global data center capital expenditures to reach $3 trillion to $4 trillion by 2030. Considering that figure is about $600 billion in 2025, that's a massive increase in just five years.If this prediction pans out, Nvidia is a screaming buy right now, and investors should be loading up on shares even after its remarkable run.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool