Nvidia, the leading artificial intelligence (AI) company, has regained its position as the most valuable company globally after a market value of over $1 trillion was lost last year. The tech giant’s stock price has surged, and many Wall Street analysts are now calling for massive gains, including one analyst predicting a $10 trillion valuation by 2030.
Several factors support Nvidia’s long-term growth narrative, including the growing demand for AI infrastructure from companies like Microsoft, Amazon, and Alphabet. These corporations plan to spend billions of dollars on AI infrastructure in the next few years, creating significant opportunities for Nvidia’s chip sales. Additionally, Meta Platforms is expected to spend $70 billion on capital expenditures this year, nearly double what it spent in 2024.
Analysts such as Beth Kindig from the I/O Fund and Phil Panaro also point to Nvidia’s dominance in the AI accelerator industry and its software architecture, CUDA, as key drivers of growth. CUDA’s integration with Nvidia’s hardware makes it difficult for developers to switch to competing companies, ensuring customer stickiness and opening doors for Nvidia to lead in more sophisticated AI applications.
While some analysts are predicting even higher valuations, such as Phil Panaro’s $20 trillion estimate by 2030, others see the current valuation expansion as a sign of a larger trend. With its rising forward price-to-earnings multiple and significant upside predictions, Nvidia stock is seen as a promising opportunity for long-term investors.
Source: https://www.fool.com/investing/2025/07/19/after-plummeting-over-1-trillion-in-value-this-sup