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Nvidia’s $6 Trillion Valuation Path Dominates Market Discourse
Nvidia’s $6 Trillion Valuation Path Dominates Market Discourse
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BTCCSquare news:
Nvidia's relentless ascent continues as Loop Capital projects a staggering $6 trillion valuation for the chipmaker. The stock surged 6% this week and 18% monthly, now holding the title of world's most valuable company at $3.791 trillion. Analysts point to explosive data center spending and hyperscalers' GPU adoption potentially reaching 60% of infrastructure by 2028 as key catalysts.
Loop Capital's Ananda Baruah sets Wall Street's most bullish price target at $250, implying 127% upside. "The math just works," he asserts, citing Nvidia's entrenched position in the AI infrastructure boom. Amazon and Microsoft's accelerating AI investments create a rising tide for Nvidia's data center revenues.
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