NVDA has been making waves, with CFO Colette Kress confirming that the company’s data center chip revenue forecast for 2026, originally projected at $500 billion, has been revised upwards due to stronger than expected demand. Since their October forecast, customer interest has increased. With the positive momentum and an even more optimistic outlook, now could be the right time to consider buying, especially with NVDA on track to surpass $200 soon.
NVIDIA’s $500 Billion Forecast Just Got Even More Optimistic, a strong case for $200+
byu/Broad_Attitudet ininvesting
Posted by Broad_Attitudet
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The demand is definitely there but at 50x forward earnings I’d wait for a pullback before loading up. Everyone’s bullish right now which usually means we’re due for some profit taking, even if long term outlook is solid.