By Keithen Drury
Publication Date: 2026-03-04 01:45:00
Nvidia (NVDA 1.29%) is one of the most impressive companies we’ve ever seen. It is dominating the computing hardware realm and has become the primary option to run all of the generative artificial intelligence (AI) workloads that are coming online. However, we’re still in the early innings of the buildout, leaving plenty of room for upside for Nvidia.
If projections pan out, Nvidia could transform into a massive company that is far larger than nearly every other company. This makes it a golden buying opportunity, but just how large can it get?
Image source: Getty Images.
Nvidia believes AI spending will skyrocket over the next five years
Nvidia made a jaw-dropping projection that global data center capital expenditures will reach $3 trillion to $4 trillion annually by 2030. That’s a bold call, but what does it mean for Nvidia’s stock?
For 2025, the company projected global data center spending to be about $600 billion. For fiscal year (FY) 2026, ending Jan. 25, it generated $216 billion in revenue. That equates to a 36% spending share.
Today’s Change
(-1.29%) $-2.36
Current Price
$180.12
Key Data Points
Market Cap
$4.4T
Day’s Range
$176.92 – $180.89
52wk Range
$86.62 – $212.19
Volume
5.1M
Avg Vol
175M
Gross Margin
71.07%
Dividend Yield
0.02%
If we assume that the projection ends up on the high end and Nvidia sustains its 36% spending capture, that would project revenue of $1.44 trillion. Nvidia generated a 54% profit margin in FY 2026, and if it maintains that level, it will deliver $780…