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Thoughts on $NVDA's path to $1000 by year-end
Been looking at the trajectory of $NVDA and the broader AI chip sector. There's a lot of chatter about $NVDA hitting $1000 before the ball drops on 2024. My gut feeling, backed by the current demand signals and their product roadmap, puts the odds of that happening at around 65-70%. It's not a slam dunk, obviously, but the tailwinds from data center buildouts and ongoing AI model training are just incredibly strong right now.
The main risks I see are potential regulatory hurdles in key markets or a broader tech correction, but even then, the underlying fundamentals for AI infrastructure seem pretty resilient. It'll be an interesting few months to watch.
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