Is Nvidia Stock Your Ticket to Becoming a Millionaire? | The Motley Fool

Is Nvidia Stock Your Ticket to Becoming a Millionaire? | The Motley Fool

By Harsh Chauhan
Publication Date: 2026-03-09 08:51:00

Buying and holding shares of solid companies benefiting from secular growth trends is one of the best ways to grow your money in the stock market, and Nvidia (NVDA 2.94%) is a prime example of this philosophy.

A $5,000 investment made in shares of this chip giant a decade ago would now be worth just over $1.1 million. Nvidia stock has delivered terrific gains over the past decade by capitalizing on disruptive trends across industries such as gaming, automotive technology, and artificial intelligence (AI). But can this high-flying chipmaker replicate its terrific performance and help investors become millionaires from here?

Image source: Nvidia.

Nvidia’s growth story isn’t over

The phenomenal surge in Nvidia stock in the past decade has made it the world’s largest company by market capitalization. 

Nvidia Stock Quote

Today’s Change

(-2.94%) $-5.39

Current Price

$177.95

It now has a market cap of just over $4.3 trillion, which is why it would be absurd to expect huge multibagger performance from Nvidia in the coming decade. For instance, a 10x jump from here would take Nvidia’s market cap to $43 trillion, while the global economy is expected to be worth $150 trillion by 2030.

However, the stock is still a solid buy for anyone looking to construct a million-dollar portfolio. That’s because Nvidia continues to deliver big growth, primarily due to massive…