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Fortune
Fortune
Sasha Rogelberg

Nvidia’s market cap will soar to $50 trillion—yes, trillion—says early investor in Amazon and Tesla

Photo of Jensen Huang (Credit: David Paul Morris—Bloomberg/Getty Images)

Nvidia’s rise has been astronomical—it’s grown its market capitalization from $1.1 trillion to $3.1 trillion in the past 12 months—and a tech investor who predicted the early success of Amazon and Tesla said this is just the beginning. 

“The potential scale of Nvidia in the most optimistic outcome is both way higher than I’ve ever seen before and could lead to a market cap of double-digit trillions,” James Anderson, former partner at investment giant Baillie Gifford, told the Financial Times. “This isn’t a prediction but a possibility if artificial intelligence works for customers and Nvidia’s lead is intact.” 

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