Thoughts on NVIDIA hitting $1000 by year-end, given the current AI push

Been watching NVDA closely, and it feels like the current momentum from the AI boom is pushing us towards some significant levels. I'm putting the odds of NVDA hitting $1000 by year-end around 40-45%. My reasoning isn't just pure hype; it's more about the continued demand for their chips in data centers and the seemingly insatiable appetite for AI infrastructure investment. We're seeing more large enterprises committing to on-prem AI development, not just cloud, which broadens their customer base beyond the usual hyperscalers.

However, the CPI data today at 25.6047, while slightly down, still keeps the Fed's stance relatively hawkish. That could introduce a broader market correction which would inevitably pull even strong performers like NVDA down. My biggest concern is if we see any real slowdown in CapEx from the big tech players or a surprise competitor gaining significant market share, which at this point feels less likely in the immediate term, but always a factor to consider.