Last updated Nov 29, 2025
marketsai
If current AI hardware and efficiency trends continue, Nvidia’s market capitalization has the potential to reach on the order of $10 trillion in the long term, making it several times larger than its ~$1.8 trillion valuation as of February 2024.
And so it really starts to rationalize the Nvidia thesis that it could be worth $10 trillion, potentially.View on YouTube
Explanation

Nvidia’s valuation has grown dramatically since the prediction, but it has not reached $10T, nor has anything happened that clearly makes a $10T outcome impossible.

  • At the time of the podcast (February 2024), Nvidia was crossing the ~$2T mark; news coverage notes it hit $2T in February 2024 and then rose to about $2.25T by March 2024, up from roughly $1.2T at the end of 2023. (ndtv.com)
  • As of late November 2025, Nvidia’s market cap is around $4.4T, making it the world’s most valuable company, and it has traded as high as roughly $4.5T in October 2025. (companiesmarketcap.com)
  • The condition attached to the prediction—continued strength in AI hardware/efficiency trends—largely holds so far: Nvidia remains the dominant AI chip supplier, Blackwell-based GPUs are ramping strongly, and the roadmap to Rubin and beyond underpins very high expected AI demand and revenue (management and analysts discussing targets of hundreds of billions in AI-chip revenue through 2026). (cnbc.com)

However, the prediction was long term and framed as potential (“could be worth $10 trillion, potentially”), with no specific deadline. Nvidia has not yet reached $10T, but given that it is already in the mid‑trillions and AI hardware demand remains elevated, it is not possible to say that a $10T valuation has been disproven. It remains an open, speculative outcome rather than a resolved one.

Because the core claim is about a possible long‑term ceiling and no explicit timeframe has elapsed in which that ceiling would need to be hit or clearly ruled out, the status of “Nvidia could be worth $10T in the long term” is too early to judge.