NVIDIA Corporation (NVDA) Stock Forecasts

Summary

We expect S&P 500 earnings to grow at a double-digit rate this year and we also like companies that increase their dividends at a 10%-plus rate. How does the AI marketplace stack up against those metrics? Pretty well. We derived a model of the size and scope of the global AI industry, based on our coverage of major publicly traded players and most of the mid-tier players, along with our industry knowledge of private players. We estimate that annual revenue from the global AI infrastructure industry — data center spending, chips, network equipment, storage etc. — amounted to $600 billion in 2025. We expect that to grow at a 40% CAGR through 2030, when total revenue is forecast to reach $3.0 trillion. Forecasters are making such claims because the market for AI technology is changing rapidly and broadening dramatically. In fact, in the months leading up to Nvidia’s latest quarterly results release, the company announced multiple new AI partnership deals — not with the hyperscalers that dominated earlier GPU demand, but with multiple neoclouds, large global enterprises, and sovereign clients. Indeed, as AI winnings are redeployed into other areas (healthcare, aerospace & defense, financial services), the industries can benefit from operational efficien