Nvidia (NVDA) Could Achieve $1.53 Trillion Revenue by 2030

AI Summary

Nvidia (NVDA) is projected to generate $1.53 trillion in revenue by 2030 if its growth follows the industry's expected compound annual growth rate (CAGR) of 48%. In 2026, capital expenditures by major hyperscalers are expected to reach $650 billion, not including additional expenditures from China. The global data center capital expenditures are estimated to rise to between $3 trillion and $4 trillion by 2030. With the AI market's growth supporting Nvidia's projections, the company's stock may see significant appreciation in the coming years.