Up 179% in 2023, Can Nvidia Stock Double in the Next Year?

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The rapid expansion of artificial intelligence (AI) in 2023 has been like a wildfire – and one that seems unlikely to burn out any time soon. It is rapidly transforming almost every industry and has become ingrained in our daily lives. In fact, the market is predicted to grow 20-fold to $2 trillion by 2030. With the surging demand for AI, tech companies are ramping up their AI offerings – meaning more business for names like Nvidia. Although many outstanding players exist in the AI race, some investors prefer to stick with companies they believe are tried and tested. Chip market leader Nvidia …

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