Furnaces of adoption of artificial intelligence (AI) look low, but this AI leader could see a huge increase in demand in the next 3 years. Here’s why.

In a few years, the price of shares of Nvidia (NASDAQ: NVDA) It made it one of the world’s largest companies, with a market limit currently exceeding three trillion dollars. Nor is Nvidia alone. Many others AI stock explode in value.

But is Nvidia’s stock still shopping? According to New research According to Motley Fool on AI Innovation Foots, the answer is loud yes. The statistics listed below could be surprising for many.

You are probably aware that Ai madness has happened right now. But what you may not realize is that the revolution is just beginning. This will be for decades, creating enormous options for the wound investors that remain patient. Just look at some of the adoption statistics that Fool compiled in his recent report.

The current AI adoption rate for the US business is only 6.8%. However, the planned technology use rate in the next six months is 9.3%, which is an increase of 37% in just six months!

However, after the expected growth, the total adoption of the AI ​​would remain below 10%. “These numbers may seem low given that AI is often discussed as a company’s gaming exchanger,” the report said. But that’s exactly the point. As much as it is talked about today about artificial intelligence, its really adoption remains quite low. Fast growth should change that story quickly, but it will take many years, if not decades, to play completely.

The fool is not alone in its findings. According to a research by McKinsey Global Counseling, the AI ​​2040 market will be extremely higher than it is today. The numbers are nowhere near.

The company’s low company has AI software and $ 85 billion revenue services in $ 2022. At $ 1.5 in 2040. At the higher area, the revenue of the industry could eventually reach $ 4.6 trillion!

Looking only at the generative AI, McKinsey expects $ 2.6 trillion to $ 4.4, a dollar of additional economic growth arising from the adoption of technology by the company.

This will be an opportunity for growth like a few others in history. But does it make a stock like Nvidia currently buying it? The answer may be surprising.

Identifying growth market is different from investment in one. This is because supplies with great potential price are priced accordingly. Although the basic growth rate may be impressive, the estimate you pay for it can compensate for most of that growth.

Currently, Nvidia is in a curious position. For a company with more billion billion billion, it is surprising to see that its multiple (p/s) price to sale is so high at 21.6. Still, his revenue is obviously in a huge path of growth. And given the statistics mentioned above, it is reasonable to expect Nvidia to continue this for decades to come.