Could Hit $6 Trillion Valuation by 2028

From its humble beginnings as a GPU manufacturer to being the most valuable company in the world, Nvidia is the Superman of the chip industry. But is it too early for investors to jump in? The numbers speak otherwise. If anything, Nvidia’s journey is only just beginning. With data center growth becoming exponentially larger, exploding AI adoption, and worldwide compute power thirst, Nvidia’s revenue and market value may double again in the next three years. Now that Wall Street is gasping for breath after Nvidia’s spectacular ascent, the next three years could hit another front-row show of a $6 trillion call.

Nvidia’s Finest Growth Engine

Let’s cut to the source of Nvidia’s momentum, which is its data centers and AI workloads. Nvidia’s chips are the go-to for training big language models, inference workloads, and hosting AI-native enterprise software. Originally designed for gaming graphics, Nvidia’s GPUs now drive everything from drug development to digital twins to ChatGPT. Nvidia made $115 billion in revenue for FY2025, and nearly 88% of that revenue came from the data center segment alone. That segment has been riding an investment supercycle, as hyperscalers such as Meta, Amazon, Microsoft, and Google engage in an uptight competition to form AI-ready infrastructure.

Also, Meta signaled that its 2026 capital expenditures will surpass the enormous $66–$72 billion projected for 2025. If that trend continues, and the $1 trillion estimate for global data center capex in 2028 plays out, Nvidia stands to harvest a whopping share of that outlay.

How Much Could Nvidia Be Worth in 2028?

If Nvidia can take only 25% of the estimated $1 trillion in worldwide data center capex through 2028, along with a generous presumption given that it captured about 30% of the market in 2024, which makes it $250 billion in potential yearly data center sales. To that, add Nvidia’s non-data center top line, which can comfortably increase at a 10% CAGR, and you get another $23 billion in revenue from other lines of business (such as gaming, automotive, and pro visualization). That totals $273 billion in estimated annual revenue, which is 84% higher than the $148 billion from today.

In addition to that, by 2028, Nvidia could funnel out about $150 billion into net income at this profit margin of about 55%. Apply to that $40 P/E ratio, a trim below today’s 60x, to acknowledge the cooling valuations and market normalization. You land at a $6 trillion market cap, with Nvidia’s share price assuming the current share count somewhere around $250 per share.

Risks and Valuation

Nvidia may come under mounting pressure from special custom chips such as Google’s TPUs, AMD’s MI300X, or newcomers like Tenstorrent and Cerebras. Geopolitical strains and export controls, particularly that involves China, are also real threats. Besides that, a decline in valuation multiples, like from 60x to 30x, would cut in half projected market cap even if profitability holds up. But without the collapse of AI demand or a collapse in innovation (improbable), Nvidia has scale, brand, and execution superiority to continue its leadership. With some margin compression or modest valuation retreats, Nvidia remains poised to generate more than average returns during the next three years.

Still a Strong Buy

If you’re seeking a high-conviction long-term AI play, Nvidia is still at the front. The firm is not only grabbing today’s value, rather it’s constructing tomorrow’s intelligent economy. Sure, the stock has already soared, but it still has far more room to run, particularly if its current assumptions regarding data center spending and AI acceleration show up. Could Nvidia hit $250 per share and a $6 trillion market cap by 2028? The math suggests it’s possible, and momentum is already underway.

Nvidia is not only a growth stock, rather it’s the building block for the AI revolution. Its leadership in data center GPUs, a market that’s projected to boom to $1 trillion in worldwide capex by 2028, positions it exactly at the center of digital transformation in almost every sector. What sets Nvidia apart from its competition isn’t hardware, rather it is control of the ecosystem. This isn’t merely about optimistic projections and stellar revenue growth. It’s about faith, in leadership, strategy, and in a world racing towards an AI-first world. Nvidia is less a wager and more a blueprint for tomorrow.