Nvidia's Data Center Expansion
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Nvidia Stock InvestorsThe Motley Fool
•Technology
Technology
Jensen Huang Just Delivered Incredible News for Nvidia Stock Investors
77% Informative
Nvidia CEO Jensen Huang believes data center operators will spend $1 trillion over the next four years on upgrading their infrastructure to meet demand from AI developers.
The data center segment currently accounts for 88% of Nvidia 's total revenue.
In fiscal 2026 , Nvidia 's automotive revenue could soar to $5 billion , Huang says.
Nvidia stock would have to soar by 92% over the next 12 months just to trade in line with its 10-year average P/E ratio of 59.6 .
Nvidia has a habit of beating Wall Street's forecasts, so it's possible the stock has even more upside potential.
On rare occasions, our expert team of analysts issues a “ Double Down ” stock recommendation for companies that they think are about to pop.
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