By Keithen Drury
Publication Date: 2026-03-29 06:44:00
Nvidia (NVDA 2.13%) shares are up by around 525% over the past three years, making it a top performer over that time frame. While I doubt another 525% run-up is in the cards for the next three years, I do think the stock could be headed significantly higher.
Image source: The Motley Fool.
Nvidia expects monster growth from its new chips
Nvidia’s business success is tied to the AI buildout: The longer it lasts, the better the stock will do. It will also benefit from increased AI spending, although many hyperscalers are spending all of their cash flows on building new data centers already. However, one thing investors need to keep in mind is the mix of spending. Right now, many of the data centers announced last year are under construction, so a greater percentage of capital expenditures is going to the physical construction and infrastructure costs versus chip and hardware costs. This suggests there’s room for further growth in Nvidia’s sales over the next few years, and its projections back that up.
Today’s Change
(-2.13%) $-3.65
Current Price
$167.59
Key Data Points
Market Cap
$4.1T
Day’s Range
$167.01 – $170.96
52wk Range
$86.62 – $212.19
Volume
6.9M
Avg Vol
177M
Gross Margin
71.07%
Dividend Yield
0.02%
During Nvidia’s GTC 2026 conference this month, CEO Jensen Huang predicted that cumulative sales of Blackwell and Rubin chips will reach $1 trillion by the end of 2027. During last year’s conference, he projected that 2025 and 2026 sales would be $500 billion, so that suggests Nvidia…