$NVIDIA Corp(NVDA)$ Counting tomorrow there will be 60 days left of trading for 2024. In the event the market goes up and NVDA rises above $130+ then the share will likely end up north approximately $174+, with a valuation approximately of $4.26trillion.
It could then make it shy of adding another $29 in 2025 bringing its valuation to $5+ trillion. In my view it has been all but confirmed NVDA get to 5 trillion first of the Mag 7, because if companies are going insane for Blackwell today then they will literally loose their minds when Ruben becomes available.
Bottom line tomorrow and The Nvidia AI Summit happening on site in Washington D.C. as well as virtually from Oct. 7 through Oct. 9 could become the driving force to my eventual approximate $174+ before or end of this year target.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments