The Sky’s Not the Limit and Neither Is $1 Trillion: Why Wells Fargo Is So Bullish on Nvidia’s Data Center Revenue
Over the past few years, artificial intelligence has turned data center stocks into some of the market’s biggest winners. The race to build more computing power has only gotten bigger, and Nvidia (NVDA) has been at the center of it all, thanks to its dominant position in AI chips. The company recently projected that its Blackwell and Rubin GPU platforms could generate as much as $1 trillion in data center revenue, which shows the enormous demand coming from hyperscale cloud providers and enterprise custome ...