Nvidia's Million-Dollar Potential

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current AI hardware spending

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AI hardware spending

The Motley Fool

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Technology

Is Nvidia Still a Millionaire-Maker Stock?

Summary

Nutrition label

75% Informative

Nvidia shares have soared by more than 22,000% over the last decade .

With a market cap of $3 trillion , Nvidia is already the third -largest company in the world.

Concerns about the sustainability of AI hardware spending raise questions about how much more it can rise.

Nvidia 's valuation is attractive, but the upside looks limited.

John Mackey , former CEO of Whole Foods Market , an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey , an executive at Alphabet , is a member of The Motley Fool's board of directors. Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet , Amazon , Meta Platforms , and Nvidia . The Motley Fool has a disclosure policy. Is Nvidia Still a Millionaire-Maker Stock ? was originally published by The Motley Fool .