Nvidia (NVDA 0.53%) has been an excellent stock to own over the past few years, as the company has gained the status of having the largest market capitalization in the world. However, given the stock's impressive performance, many investors are likely wondering if there's still room for Nvidia to run.
The current artificial intelligence (AI) boom has been the biggest driver of the stock market's gains over the past couple of years, and two companies that have seen phenomenal gains from AI are SoundHound AI (SOUN -5.82%) and Nvidia (NVDA 0.53%). Shares of SoundHound have soared 310% over the past three years, while Nvidia's stock has skyrocketed 910%.
Nvidia became the first company to reach the $4 trillion market cap milestone. We look at how the company arrived here, the outlook for more growth AI technology, the competition, and why the stock could climb higher.
Nvidia's valuation reached the $4 trillion mark this week, while co-founder Jensen Huang's shares are now worth something like $143 billion. Present and future retirees should rejoice the rapidly increasing wealth inequality that Nvidia and Huang represent.
Nvidia (NASDAQ: NVDA) has made headlines by becoming the first company ever to reach a $4 trillion valuation. Amid this achievement, CEO Jensen Huang has been selling off some of his shares in the company.
On July 9, Nvidia (NVDA 0.53%) made history by briefly becoming the world's first company to reach a market capitalization of $4 trillion. On July 10, Nvidia closed the day above a $4 trillion market cap.
A bipartisan pair of U.S. senators sent a letter to Nvidia CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.S. chip export controls.
There's already a robotics revolution underway, which has been marketed as an AI revolution. Today, I will elaborate on this train of thought and detail how Nvidia Corporation has already built the robotic offices of the 21st century. While Nvidia is now a behemoth business at $4T, I still believe there's room for share price appreciation through a combination of organic growth and share buybacks.
Navitas is the unlikely beneficiary of the new 50% US copper tariff; its gallium nitride tech is set to reduce copper usage in data centers. The Nvidia collaboration is a major long-term catalyst; it carries a $450M pipeline that could drive significant revenue and margin expansion by FY2026. Navitas has shown improved financial discipline, reducing cash burn, and GaN can deliver high gross margins amid a new demand and possible future licensing deals.
Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock, 225,000 shares, of the chipmaker, according to an SEC filing. Huang adopted a plan in March to unload up to 6 million shares of Nvidia through the end of the year and sold his first batch of stock in June.
Key Points in This Article: Nvidia (NVDA) just became the first company to achieve a $4 trillion valuation, but it had flashed a rare buy signal beforehand, causing investors to worry whether they missed the boat.
Nvidia CEO Huang met President Donald Trump ahead of a visit to China, according to multiple reports.