By David Jagielski, CPA
Publication Date: 2026-03-11 14:00:00
Nvidia (NVDA +0.64%) is the most valuable company in the world, and there’s little wonder why that is when you see its financials. Demand for its artificial intelligence (AI) chips is through the roof, and those chips are expensive, enabling the company to grow its business at a high rate while also generating fantastic profit margins along the way.
According to analysts at Grand View Research, the AI market will continue to grow at a compounded annual growth rate of 30.6% until 2033, as businesses continue to invest heavily into all things AI-related. It puts Nvidia in an excellent position to continue growing at a fast rate.
Nvidia already became the first company to reach a $5 trillion valuation when it did so last year. Could it also be the first one to reach $10 trillion, perhaps, by the end of the decade?
Image source: Getty Images.
Nvidia still has much more growth ahead
A big reason to stay bullish on Nvidia is that the growth opportunities in AI remain plentiful. And as long as that’s the case, the need for cutting-edge chips will be significant, inevitably leading customers back to Nvidia and to purchasing its top-end chips.
What’s remarkable about the business is that since its business took off due to the emergence of ChatGPT a few years ago and the ramp-up in AI spending, its lowest quarterly growth rate has been just under 56%.
NVDA Revenue (Quarterly YoY Growth) data by YCharts
While most companies would be thrilled with growth of around 50%, for…
