Will Nvidia Be a $5 Trillion Stock by 2028?

Nvidia (NASDAQ: NVDA) recently overtook Apple to become the world's largest company in terms of market cap. The chipmaker's rise to the top position is justified thanks to the impressive growth it delivers quarter after quarter on the back of the robust demand for its chip systems, which are playing a central role in the proliferation of artificial intelligence (AI).The semiconductor giant has a market cap of roughly $3.6 trillion as of this writing. The good part is that consensus estimates are expecting Nvidia's business to keep growing at a terrific pace, with its earnings expected to grow at an annual rate of 57% over the next five years. Will Nvidia be able to live up to such ambitious growth estimates and hit a $5 trillion valuation by 2028?Though Nvidia is a hardware company, it has seen a stunning increase in its profit margin since the beginning of 2023. In fact, Nvidia's profit margin is significantly higher than its rivals Advanced Micro Devices and Intel.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool