Navellier sees Nvidia market cap hitting $5 billion in 2025

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Navellier sees Nvidia market cap hitting $5 billion in 2025

Navellier said in a note that he expects Nvidia to"blow through $4 billion in market capitalization" and reach a staggering $5 trillion by 2025. This ambitious forecast hinges on the upcoming release of the successor to Nvidia's Blackwell chips.

A key factor in Nvidia's dominance, according to Navellier, is its substantial investment in next-generation generative AI chips. He claims that Nvidia's $2 billion expenditure renders competitor efforts"increasingly futile" due to Nvidia's superior technology.

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