Can Nvidia's Market Cap Hit $10 Trillion by 2030?

Blue-chip stocks can be tricky for investors. On the one hand, they represent the very best companies available. Their gargantuan market caps prove their track record of value creation. On the other hand, the larger a company is, the harder it is for it to generate impressive growth in the future. Blue-chip stocks carry the risk that their best days are behind them, and new investors have missed out on most of the fun. With a market cap of $4.5 trillion, Nvidia (NASDAQ: NVDA) is the largest company in the world and an excellent example of this predicament. Let's dig deeper into the pros and cons of the stock and discuss what it might take for the technology giant to hit $10 trillion by 2030.While Nvidia has historically enjoyed a diversified business model with meaningful exposure to video gaming and other verticals, this is no longer the case. Since the launch of OpenAI's ChatGPT in 2022, the stock has become an all-or-nothing bet on artificial intelligence (AI) hardware. In the fiscal second quarter, its data center segment represented a whopping 88% of total revenue, mainly driven by sales of advanced AI chips, like the Blackwell used to train the most advanced large language models (LLMs).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool