Nvidia CEO Jensen Huang reaffirmed his projection that global data center capital expenditure could reach up to $4 trillion annually by 2030, with a floor of $3 trillion. The big five AI hyperscalers alone are expected to spend nearly $800 billion this year, and the author estimates total data center capex at around $1 trillion this year. If the market triples to quadruples by 2030 and Nvidia keeps its market share, its revenue could reach $1.2 to $1.6 trillion, starting from analysts' estimate of $412 billion for this year. At a 50% profit margin and 30 times earnings, its market cap could be $18 to $24 trillion, versus about $5.4 trillion now; the author stresses this is not a forecast of such growth and calls Nvidia one of the most attractive stocks in the market right now.
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NVDAAI investmentdata centerssemiconductors
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NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/23/2026 | 211.00 |
| Change that session | -0.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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