Nvidia’s market value is rising rapidly, analyst predicts $5 trillion cap

Nvidia Corp is on a roll, with the company’s shares up more than 200% in the past year. Rosenblatt Securities analyst Hans Mosesmann recently raised his price target on the semiconductor company from $140 to $200 after the company completed a 10-for-1 stock split on June 10.

As a result, Nvidia’s share price rose rapidly, recording an increase of up to 3.63 percent today.

The focus shifts from hardware to software

Nvidia, based in Santa Clara, California, continues to lead the market with its products as they are crucial for running complex artificial intelligence tasks in data centers. Mosesmann, who has been recommending buying Nvidia stock since 2017, stressed that the company wants to improve its software offering in addition to its hardware.

He expects this strategic focus on software to significantly increase Nvidia’s revenue mix and valuation over the next decade.

In addition, the stock continues to enjoy strong popularity among analysts: Bloomberg has issued 64 buy recommendations, seven hold recommendations, and one sell recommendation. This robust support is reflected in the company’s performance: In 2024 alone, Nvidia shares have risen 165 percent, increasing the market capitalization by over $2 trillion.

Nvidia challenges the tech giants

Nvidia’s rapid growth now overtakes Microsoft Corp. and Apple Inc. as the world’s most valuable company. This development underscores Nvidia’s significant role in shaping the future of technology, particularly in areas driven by advances in artificial intelligence.

In addition, with its recent market performance, Nvidia continues to attract investor interest and market confidence, cementing its position as a leader in the global technology sector.

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