Nvidia Poised for $10 Trillion Market Value
Nvidia, the leading graphics processing unit (GPU) manufacturer, is poised to become the world's first $10 trillion company, according to some estimates.
The company's projected revenue growth of 70% by fiscal 2028 could propel its market value from around $5.3 trillion to a staggering $10 trillion, making it the largest publicly traded company in the world.
This growth is largely driven by Nvidia's dominant position in AI computing, particularly in data-center processors, which are expected to continue driving demand for its products.
To reach this milestone, Nvidia would need to maintain a 60% profit margin and trade at around 24 times earnings, which is roughly in line with the broader S&P 500's average multiple.