Key News Facts
Nvidia has reached a market value of approximately $4 trillion, making it the world’s largest company as of 2023. This milestone is attributed to surging demand for its artificial intelligence products, which has led to a market cap increase that peaked at $5 trillion earlier this year.
In the latest fiscal year, Nvidia reported sales of $130 billion, with projections of $213 billion for the current fiscal year and $316 billion for fiscal 2027, indicating year-over-year growth rates of 63% and 48%, respectively. The company, recognized as the leader in graphics processing units (GPUs), is expected to continue benefitting from a projected $4 trillion in AI infrastructure spending over the next five years.
Given its growth trajectory, Nvidia’s market value could potentially reach $10 trillion by 2030, assuming consistent revenue growth and a price-to-sales ratio of 25 based on projected future sales.
