By David Jagielski, CPA
Publication Date: 2026-06-01 19:00:00
When a company such as Nvidia (NVDA +5.78%) has grown the way it has — at an exceptionally high rate for years — you may be tempted to believe that it may soon be approaching a peak. However, according to CEO Jensen Huang, that isn’t the case at all. In fact, Huang still sees some exciting opportunities ahead for his company.
On its recent earnings call, the company identified a new opportunity worth hundreds of billions of dollars that could enable its growth to remain strong for the foreseeable future. Here’s why this massive stock, with a market cap of $5.1 trillion and a 1,200% gain over the past five years, may still have more upside.
Image source: Getty Images.
The company has a new chip focused on agentic AI
Artificial intelligence (AI) has driven demand for Nvidia’s cutting-edge chips in recent years. At this stage of the AI revolution, there’s a greater focus on agentic AI, which is where AI can take on multi-step processes. While GPUs, which Nvidia is known for, help with the sheer processing power that is necessary when deploying AI, it’s CPUs that are needed to manage agentic AI.
There is still plenty of demand for the company’s GPUs, but Nvidia is now also offering a new chip that will focus on agentic AI. It recently unveiled its Vera chip, which it says is the CPU for agents. Huang said on the company’s recent earnings call that this opens up a new $200 billion total addressable market for Nvidia, one that it never went after in the past. And with…
