Analyst Predicts $10 Trillion Valuation for Nvidia Despite Recent Concerns

Analyst Beth Kindig believes Nvidia is poised for significant growth, projecting a $10 trillion valuation for the company in the future. This prediction is based on the strength of Nvidia`s next-generation AI chip, Blackwell, which is expected to generate substantial revenue. Despite recent market concerns about Nvidia`s valuation and potential delays in Blackwell`s release, Kindig remains optimistic. She believes these concerns are overblown and that Nvidia`s recent performance and CEO Jensen Huang`s confidence in Blackwell`s progress support her positive outlook. Kindig anticipates a surge in Nvidia`s stock price once analysts adjust their fiscal estimates and Blackwell`s shipping figures are released, referring to the anticipated event as "fireworks" for the company.