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Nvidia CEO Jensen Huang Just Reaffirmed His Jaw-Dropping Projection for 2030
The Motley Fool·
Nvidia CEO Jensen Huang reaffirmed his projection that data center capital expenditures will reach $3-4 trillion annually by 2030. With the big five AI hyperscalers expected to spend nearly $800 billion on capex in 2026, if Nvidia maintains its ~40% market share, the company's revenue could exceed $1 trillion by 2030, potentially doubling the stock price within five years.
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