Should Nvidia's market projection pan out, this will actually be a fairly cheap price to pay, since it could result in revenue more than tripling over the next five years. There's an obvious reason for this fantastic performance, and that's the fact that Nvidia has been generating enormous levels of revenue from its AI business -- and this, at high levels of profitability. In the most recent full year, Nvidia reported revenue of more than $130 billion, and gross margin exceeded 70%. Equity strategists highlight "nvidia stock 10 year forecast" resilience, as semiconductor cycles stabilize; long-term models assume key revenue streams from autonomous driving chips and robotics processing units.
