Nvidia could reach $10 trillion market cap as the company aims to be the foundational layer of the global AI economy, according to CEO Jensen Huang. The company has shown rapid growth, with Q4 fiscal 2026 revenue reaching $68.13 billion and full-year revenue up 65%. Net income was $120.07 billion, with free cash flow at $96.58 billion. Data Center segment drove most of the growth, with networking revenue exploding 263% year-over-year.
CEO Huang believes computing demand is growing exponentially, driven by AI advancements. He frames Nvidia’s success as “intelligence is infrastructure,” essential for a company to thrive. With forward guidance of $78 billion in Q1 fiscal 2027 revenue, analysts have a consensus price target of $267.54. The valuation conversation changes if Nvidia is seen as competing to be the foundational layer of the global AI economy rather than just semiconductor market share.
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Source: https://247wallst.com/investing/2026/03/20/nvidia-ceo-10-trillion-company-valuation-absolutely-possible