US EditionCan NVIDIA Become a $8 Trillion Stock By 2030?
Nvidia's stock surged twelve-fold since 2022, driven by $500 billion in AI chip orders and major U.S. manufacturing investments, CEO Jensen Huang said.
- In a record move, Nvidia Corp. announced it reached a $5 trillion valuation, reflecting a twelve-fold stock surge since ChatGPT's 2022 launch.
- Founded in 1993 by Jensen Huang, Chris Malachowsky and Curtis Priem at a Denny's in California's Bay Area, Nvidia evolved from a gaming company into a driving force behind the AI revolution.
- The company announced Tuesday it secured $500 billion in AI chip orders, will build seven supercomputers for the U.S. government, and will pay $1 billion for a stake in Nokia.
- Market data show only Apple and Microsoft previously crossed the $4 trillion threshold, highlighting how rare such valuations are, as Nvidia reaches a $5 trillion valuation.
- CEO Jensen Huang said `Nvidia is at the epicenter` and signaled continued heavy investment, including hundreds of billions in U.S. supply chain investments and $100B tied to OpenAI.
13 Articles
13 Articles
Can NVIDIA Become a $8 Trillion Stock By 2030?
Quick Read Skeptics might feel that NVIDIA’s (NVDA) seemingly high valuation will prevent future market-cap growth. But after NVIDIA hit $5 trillion market cap, can the stock grow next to $8 trillion? However, NVIDIA’s value-added collaborations and AI chip market leadership should ensure further expansion. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that …
Nvidia is the world's first company whose value on the stock market exceeds the US$5 trillion mark. The GPU manufacturer benefits significantly from the AI boom and the demand for corresponding processors.
Jensen Huang, a Taiwanese immigrant, makes it a point to remind the world of the billionaire that one of Nvidia's founders was bread washing in the United States.
At the age of 77, a venture capital investor joined the billionaire club after more than 30 years spent on the board of directors of Nvidia.
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