Where Will Nvidia Stock Be in 5 Years?

Nvidia (NASDAQ: NVDA) stock has been under pressure this year on account of various factors, such as the tariff-fueled trade war, concerns about rising competition in the market for artificial intelligence (AI) accelerator chips, U.S. restrictions on chip exports, and fears of a potential slowdown in spending on AI infrastructure. However, the company's latest quarterly results show that it's continuing to grow nicely.Nvidia released its results for its fiscal 2026 first quarter (which ended April 27) on May 28. The company's revenue and earnings were better than Wall Street's expectations, despite its business taking a hit due to the export controls that blocked sales of its H20 processors to China.The data center business was once again the driving force behind Nvidia's impressive results, growing 73% year over year and accounting for 89% of its top line. But at the same time, the company also benefited from the growing adoption of its chips in two other areas. In fact, a closer look at the semiconductor specialist's growth drivers suggests that it is set to benefit from the proliferation of AI in multiple end markets, which could help the stock sustain its solid momentum over the next five years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool