Is Nvidia Stock on Track to Become the World’s First $10 Trillion Company?

When Wall Street begins throwing around figures such as $10 trillion, it generally sounds as though someone was too excited about using the zeros on their calculator. But in Nvidia’s case, the figures might just deliver. This is not any typical chip firm, rather it’s that engine of the AI revolution that powers everything from chatbots to autonomous cars.

While cynics think of this as just a bubble that would burst, Nvidia is operating in a manner where demand is not just hype, demand is hardware. And if the world is constructing its digital future brick by brick, Nvidia appears to be the one selling all the bricks at a premium price.

Nvidia already knows a lot about making and breaking records. With a market capitalization of $4.2 trillion, it has already claimed the title of the world’s biggest company. It may seem rash, even audacious, to forecast a stock rising to $10 trillion by 2030, but Nvidia appears particularly well-positioned to take that jump. Its unmatched dominance over artificial intelligence (AI) computing gives it the status of more than a chipmaker, it is the foundation of a generation-long technology revolution.

Nvidia’s Role in the AI Gold Rush

The AI demand is blowing up, and Nvidia’s GPUs are at the center of it. They are different from the standard processors, as they can compute millions of calculations at once, which provides them with the strength to drive sophisticated AI models. When it is connected in clusters, their power is multiplied, which empowers the turbocharged data centers that fuels innovation.

The hyperscalers building out enormous AI infrastructure on behalf of AI are in the initial phase of spending. Capital expenditures for data centers reached all-time highs in 2025, and it is probable that 2026 will top those levels. It takes several years to build a data center, so investments today become billions of dollars rolling into Nvidia’s reserves in the years ahead. Every new facility announcement is effectively an extension of Nvidia’s growth runway.

The Spending Spree

Nvidia’s management has provided a stunning projection, where the four large AI hyperscalers may spend $600 billion on data centers, but if all the customers across the globe are added to them, the number might expand to $3 trillion–$4 trillion. With Nvidia taking an estimated 35% of that expenditure, the company has a very clear path for hyper-growth in revenue.

Despite a conservative estimate, with 30% stake in $3 trillion, Nvidia would make $900 billion in revenues by 2030. With its flaunted 50% margin, this would be $450 billion in net income. To put this into context, Nvidia has created $165 billion in revenue and $87 billion in profits in the last 12 months. The growth track here is not just progressive, rather it’s revolutionary.

Probability of $10 Trillion

Even if we take Nvidia’s valuation at a P/E ratio of 30, the firm would have a valuation of $13.5 trillion by 2030, which is comfortably over the $10 trillion mark. And that’s just accounting for the data center business. Nvidia’s other initiatives in gaming, automotive AI, and software ecosystems also offer additional upside potential. It is very evident that the numbers align with Nvidia’s estimates. Nvidia is not only a player for $10 trillion, it’s potentially going to blow right past it.

A Good Deal

For cynics, no company can maintain this level of growth, but Nvidia has the unique benefit of being the default solution in the race for technology. Each dollar that has been invested in creating the future of AI sets Nvidia ahead even more. Investors focusing on 2030 should view this less as a hypothetical mission and more as an expected outgrowth of today’s momentum.

Nvidia not only has a chance to be the first $10 trillion firm, rather it has the plan, dominance, and demand to do so. For long-term investors, it’s a good buying deal to make on the backbone of the AI revolution.

The actual case for Nvidia as the world’s first $10 trillion company is not based simply on its present leadership but on its strategic control over AI infrastructure. Nvidia has built a moat so deep that competitors will definitely try to catch-up and customers have no choice but to continue paying premium.

However, regulatory issues, technological change, or even supply-chain glitches might restrain Nvidia’s trajectory. But zoom out, and the firm isn’t merely a chipmaker, it appears to be a platform, a barrier, and in some senses, the oxygen supply for AI. This is why the $10 trillion forecast seems to be less like an exaggeration and more like a certainty.

The long-term investors will either hold onto Nvidia and take a ride on the AI wave, or sit on the side and watch history’s largest market-cap simply slip away.