- Nvidia is projected to reach a market valuation between $4 trillion and $5 trillion by 2025.
- The company executed a 10-1 stock split and has seen a 19% increase in June, leading to a year-to-date growth of 165%.
NVIDIA Corp (NASDAQ:NVDA) is expected to reach a market valuation of $4 trillion, and possibly even $5 trillion by 2025. Led by CEO Jensen Huang, the company continues to lead in semiconductor technology, showcasing Huang's vision and leadership.
This direction is not only maintaining but also increasing Nvidia's dominance in AI chip technology.
The company releases groundbreaking AI chips every year, with plans to unveil a new generation annually until the end of the decade. This ongoing innovation fits well with the coming era of quantum computing.
Nvidia has already made significant progress by introducing a quantum simulation platform for cloud providers, setting the stage to benefit from future quantum computing advancements.
They are strong financially, with analysts predicting solid sales growth. The company's financial guidance suggests a steady rise in its stock performance, reflecting strong investor confidence.
Following the example of other tech giants, the company carried out a 10-1 stock split, reducing the price of individual shares from $1,200 to about $120.
This move aims to make shares more accessible and boost liquidity, similar to strategies used successfully by companies like Apple during growth phases.
This tactic not only highlights Nvidia's growth strategy but also suggests its potential to achieve similar success.
Since the stock split, their shares have risen by over 6%, with a 19% surge in June alone, leading to a year-to-date growth of 165%.
As the stock nears the $150 level, it might face some resistance, but market trends and the company's growth momentum indicate that the upward trend will likely continue.
After the closing bell on Thursday, June 13, the stock closed at $129.61, trading up by 3.61%.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.