Nvidia’s stock has skyrocketed by over 22,420% in the past decade, an impressive return that means a $1,000 investment made ten years ago would now be valued at over $225,000. This surge, largely attributed to the company’s pivotal role in the artificial intelligence boom, follows its initial public offering in January 1999.
While Nvidia began as a supplier of graphics cards for video games, it has successfully transitioned to becoming a key provider of computing power, greatly benefiting from the increasing demand for data processing capabilities. Despite its recent success, experts caution that replicating such extraordinary gains in the next decade may be unrealistic.
