Nvidia Could Hit $1 Trillion Annual Revenue By 2030, Says Analyst: Report
Synopsis
New Street Research analyst Pierre Ferragu told Barron’s that if Nvidia maintains its estimated 55% to 60% market share, the company could capture $1 trillion to $1.2 trillion in data-center revenue alone by 2030.
Nvidia (NVDA) could become the first company to generate $1 trillion in annual sales within five years, according to New Street Research analyst Pierre Ferragu.
Ferragu told Barron’s that he projects $3 trillion to $4 trillion in annual AI capital spending by 2030, in line with CEO Jensen Huang’s outlook. If Nvidia maintains its estimated 55% to 60% market share, he said it could capture $1 trillion to $1.2 trillion in data-center revenue alone.
The report added that, in comparison, Wall Street expects Nvidia to generate $84 billion in data center revenue at the end of fiscal year 2026.
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