A 14-digit market cap by the end of the decade isn't far-fetched for this AI stock.
Five years ago, only four companies had market caps of $1 trillion or more. Nvidia ( NVDA 0.77% ) wasn't one of them. In fact, it wasn't even close: The GPU maker's market cap was a little over $300 billion back then.
How times have changed. Today, Nvidia ranks as the world's largest company with a massive market cap of over $4 trillion after its stock skyrocketed more than 13 times over. I don't expect that we'll see that kind of return over the next five years. However, I predict that Nvidia will be worth $10 trillion by 2030. Here's why.
1. Continued data center dominance
Perhaps most importantly, I think that Nvidia will continue to dominate the data center market. Yes, Nvidia faces multip