Nvidia (NVDA) Stock Projected to Grow 70%, Enter $300B Market

Nvidia (NVDA) stock has had a slow start to the year but is projected to pick back up steeply, according to stock analysts. The AI chipmaker is a leader in the ongoing AI revolution that has investors flocking to AI stock options. However, after an explosive 2024, concerns about a potential U.S.-China trade conflict, challenges in the rollout of its Blackwell chips, and a slowdown in AI capital expenditures by mega-scalers contributed to NVDA stock’s sideways movement over the past two months. According to AI stock investor Yiannis Zourmpanos, Nvidia still has room to see further growth in 2025 despite the slow start. Once the company’s Q4 2024 quarter earnings are announced, Zourmpanos sees a spark coming. “Nvidia might be on track to post an astonishing YoY growth of more than 70%, fueled by unmatched dominance in AI.