Nvidia (NASDAQ: NVDA) is on the verge of making history.
If the AI chipmaker reaches a $4 trillion market capitalization, its stock would trade at $164.06 per share, a milestone that would cement its status as the most valuable publicly traded company in history.
As of the July 4 close, Nvidia shares ended the day at $159.34, up $2.09 (+1.33%), bringing the company just 2.75% shy of the $4 trillion mark. In pre-market trading on Monday, shares were seen cooling slightly to $158.04, down 0.82%.
The momentum behind Nvidia’s valuation has been driven by unprecedented demand for its AI-focused GPUs, continued expansion into new product lines like the GB300 and Rubin series, and massive data center growth. With quarterly revenue projections sitting at $45 billion and strong institutional support, many analysts see the $4 trillion milestone not as a matter of “if,” but “when.”
Especially with some analysts on Wall Street giving Nvidia stock a $250 price target.
Source: https://finbold.com/nvidia-will-trade-at-this-price-if-nvda-hits-4-trillion-market-cap/