Nvidia Stock Soars Over 1,200% Since January 2023
Nvidia (NASDAQ: NVDA) has seen its stock price increase by more than 1,200% from January 1, 2023, to January 30, 2026, transforming a $10,000 investment into over $130,000. The surge is primarily attributed to the company’s leadership in AI computing, particularly through its graphics processing units (GPUs), which have become critical for AI training and inference.
Projected Revenue Growth to Continue
For fiscal year 2026, Wall Street analysts forecast a revenue growth of 63%, followed by a projected 52% growth for FY 2027. Additionally, global data center spending is expected to rise from $600 billion in 2025 to between $3 trillion and $4 trillion by 2030, indicating a 42% growth rate over five years. If Nvidia can maintain a growth rate above 40% through 2030, it could achieve unprecedented heights in the stock market.
