Prediction: Nvidia Stock Is Going to Soar Over the Next 12 Months

Nvidia (NASDAQ: NVDA) may be the most valuable company in the world, but it still has a lot of gas in the tank to push its value even higher in the next year. The company still has tremendous growth opportunities in front of it and a wide moat to keep competitors at bay.Nvidia has been a growth machine over the past few years, and it doesn't look like that is about to slow down. In Q2, its revenue grew 56% year over year to $46.7 billion, despite no longer being able to sell its chips into the Chinese market. Most of its growth is stemming from its data center segment, where its graphics processing units (GPUs) have become the backbone of the artificial intelligence (AI) infrastructure buildout. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool