Nvidia's AI Success Continues
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big tech plansThe Motley Fool
•Technology
Technology
Prediction: 2 Artificial Intelligence (AI) Stocks That Will Be Worth More Than Nvidia 3 Years From Now
81% Informative
Nvidia (NASDAQ: NVDA ) saw its stock price increase nearly eightfold from the launch of OpenAI 's ChatGPT on Nov. 30, 2022 , through the end of 2024 .
Nvidia 's strong financial results look poised to continue in 2025 as big tech plans to spend tens of billions of dollars on AI data centers outfitted with its GPUs.
Two other AI leaders have seen their long-term outlooks improve recently.
Here are two companies that could see their stocks worth more than Nvidia within three years .
Amazon 's North American operating margin reached 5.9% over the trailing 12 months .
Management expects capital expenditures for 2024 to come to about $75 billion , and it plans to spend even more in 2025 .
Amazon stock currently trades for about 59 times trailing free cash flow, slightly above its historical average around 50.
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