It's also worth noting that Nvidia is developing new cloud services of its own such as AI Enterprise and the Base Command Platform to go in direct competition with the tech giants, as well as Omniverse, a creative collaboration tool that leans on Nvidia's digital communication capabilities.Īrtificial intelligence (AI) systems also require fast and reliable processors. They need the fastest, most reliable processors available. That's why Microsoft's Azure Cloud, Google Cloud, and Amazon's AWS rely on those very same GPUs to perform data operations. That accounts for 36% of total sales for the company. In the first quarter of 2021, Nvidia generated a record high data center revenue of $2.05 billion, up 79% year over year. This pushed expectations for the global data center market to hit $117.82 billion by 2028 - a compound annual growth rate of 13.3% from 2021 to 2028.Īnd Nvidia's GPUs are at the heart of these data centers. COVID-19 fast-tracked demand for data centers due to the increased adoption of cloud services.
Nvda stock price prediction 2025 software#
Think of them as the brain of cloud services that keeps software and services running seamlessly. That's up from $270 billion in 2020.īut cloud-based software is nothing without the data centers. According to Gartner Inc., a tech research and advisory firm, spending on public cloud services is expected to grow 23.1% in 2021 to total $332.3 billion. If any good has come out of the pandemic, it's that we've seen the potential of cloud-based software and computing with the work-from-home movement. Why Nvidia's Cloud-Based Software Will Dominate This has allowed it to develop an expanding suite of cloud-based software.
Nvda stock price prediction 2025 professional#
Not only is Nvidia able to create powerful graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip (SoC) units for mobile computing and automotive market, but the company also pours a large amount of resources into research and development. Nvidia has an edge as it moves into cloud software and services.
And that growth could see Nvidia stock jump 190% higher by 2025. Nvidia is a growing tech company that could one day rival tech giants like Inc. That's why our Nvidia stock forecast shows shares nearly tripling from here. Fortunately for investors, it is much more than a semiconductor company. If Nvidia were just a semiconductor manufacturer, the stock would be overpriced.
Save my name, email, and website in this browser for the next time I comment. Sign me up for the Money Morning newsletter Your email address will not be published. Or to contact Money Morning Customer Service, click here. Comment on This Story Click here to cancel reply.
0 kommentar(er)
