Nvidia (NVDA) continues to prove itself a formidable force in the chip space, seeing upwards of 130% year-to-date gains in its stock price. As of Tuesday...
) continues to prove itself a formidable force in the chip space, seeing upwards of 130% year-to-date gains in its stock price. As of Tuesday, June 3, Nvidia holds a market cap of $2.79 trillion, but this analyst believes it can excel to as high as $10 trillion by 2030. Nvidia is set to enact a 10-for-1 stock split for current shareholders on Friday, June 7, and the stock will begin trading at this adjusted price on Monday, June 10.
And this astronomic growth we continue to see we have a $10 trillion market cap uh target for NVIDIA by 2030 I'll be Candid and tell you, I think it's too low.Uh The reason is that already we see right now about 60,000 GP us in the data center.So 10 trillion could even be too low.So now we have four additional generations that they've laid out for you over the next 4 to 5 years.
So when you combine now you have software to think of, you have automotive, to think of, you have robotics to think of a A and that's already, you know, pushing us easily past 10 trillion by 2030.Because I mean, there is a competitive landscape where we got to imagine that, you know, none of the other chip companies are just gonna fall in a ditch.This is based on the gaming competition.I think NVIDIA clearly is going to be a tougher competitor for a MD.
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