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Nvidia stock could soar 81% if investors recognize its full potential as an AI ecosystem, rather than just a chipmaker, Evercore says

  • Nvidia stock could soar 81% if investors realize it's more than just a chip company, according to Evercore ISI.
  • Evercore believes Nvidia has morphed into an AI ecosystem play that could generate $69 per share in earnings power by 2030.
  • Investors underestimate the importance of the chip+hardware+software ecosystem created by Nvidia, says Evercore.
  • Nvidia is the clear leader in a new computing platform and is expected to capture 80% of the parallel processing market by 2030.

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