Thinking Nvidia Stock Could Hit $10 Trillion? Here's 1 Reason I'd Be Cautious

While Nvidia dominates the AI chip market with strong growth, the article warns that its largest customers (Google, Amazon, Microsoft, Meta) are developing their own AI chips to reduce dependency and costs. This competitive pressure could erode Nvidia's pricing power and profit margins over time, making a $10 trillion valuation dependent on maintaining current growth rates—a potentially optimistic assumption.