Nvidia Could Be Worth Nearly $50 Trillion In A Decade, Says Early Tesla, Amazon Investor: Nearly 2X That Of US Or 3X Of China's Current GDP

Benzinga 2024-07-15

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A prominent tech investor predicted that NVIDIA could achieve a market capitalization of nearly $50 trillion within the next decade.

What Happened: James Anderson, an early investor in companies like Tesla and Amazon.com, expressed his bullish outlook on Nvidia’s future potential, reported the Financial Times on Sunday. He suggested that the chipmaker’s market cap could potentially surpass the combined value of the current S&P 500.

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