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Prediction: Nvidia, Now the World's Most Valuable Company, Will Hit a Market Cap of $5 Trillion by 2026 [Yahoo! Finance]
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The stock has been on a meteoric rise over the past 18 months, soaring 8,280% since the start of 2023 (as of this writing). Nvidia has been riding the wave of accelerating adoption of artificial intelligence (AI), providing the graphics processing units (GPUs) that are the gold standard for powering the systems responsible for AI training and inference. The company also completed a 10-for-1 stock split that was a hit with investors, driving the stock even higher. With gains of that magnitude, it would be easy to conclude that the opportunity has passed, and the easy money has already been made. I think that view could be a costly one, as I predict that Nvidia's market cap is headed to $5 trillion, which would push its share price above $203, representing upside of 50% compared to the Tuesday's closing price. Let's take a look at how Nvidia could get there in the not-too-distant future. More of the same Generative AI burst onto the scene last year, touting the ability to str
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