Nvidia ( NVDA 2.92% ) has already been one of the best long-term investments in history. Since 1999, shares of the chipmaker have increased in value by more than 340,000%. An original investment of just $3 would have turned into $1 million over that timeframe!

But don't think the run is over. The next few decades should see the company grow its sales immensely , leading to big gains for patient investors. Here's why.

Nvidia sales will rise for decades to come

Nvidia's business model sits at the very center of the artificial intelligence (AI) revolution. Nearly all AI technologies require massive datasets and compute power to operate. Complex models crunch this data to provide relevant outputs for users. While some models can run locally, most popular models are run on the cloud

See Full Page