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Nvidia ($NVDA) is projected to reach significant market valuations according to various financial experts. Hedge-fund manager Eric Jackson predicts that Nvidia will hit a $6 trillion valuation by the end of 2024. Additionally, James Anderson, a top tech investor formerly with Ballie Gifford and now working with the Agnellis, forecasts Nvidia could achieve a $50 trillion market cap within a decade. Anderson, who manages a $650 million fund with Nvidia as its largest position, anticipates 10 years of 60% revenue growth for the company. As of July 2024, Nvidia's market cap has already soared to $3 trillion.
Nvidia’s market cap has soared over the years—reaching $3 trillion as of July 2024. Learn more: https://t.co/UP3cHeEL1B #Nvidia https://t.co/4sLgFodQEr
FT: "Nvidia $NVDA could reach $50tn market cap in a decade, says top tech investor" "Top tech investor" is James Anderson, formerly of Ballie Gifford / $SMIT, now working with the Agnellis NVDA is the largest position in his $650m fund He sees 10 years of 60% revenue growth https://t.co/7auLcpphHc https://t.co/Hit8KcE8Jj
Nvidia could reach $50tn market cap in a decade, says top tech investor https://t.co/M5AcjislTV