Nvidia(US:NVDA) 智通财经网·2025-06-26 00:16Core Viewpoint - Nvidia's stock price has reached a historic high, solidifying its position as one of the most valuable publicly traded companies globally, with a market cap approaching $5 trillion and potential to reach $6 trillion due to strong demand for AI computing power [1][10]. Group 1: Stock Performance - Nvidia's stock surged 4.3% to $154.31, surpassing its previous record set in January, and has increased 63% since its low in April, adding nearly $1.5 trillion to its market cap [1]. - The company's current market cap is approximately $3.77 trillion, overtaking Microsoft, which has a market cap of $3.66 trillion [1]. Group 2: Financial Performance and Demand - Recent financial reports from Nvidia and other AI infrastructure leaders like TSMC and Broadcom indicate robust demand for AI chips, despite export restrictions to China [3]. - Major clients such as Microsoft, Meta, Alphabet, and Amazon account for over 40% of Nvidia's revenue, and their financial results show continued investment in AI infrastructure [3]. Group 3: Market Sentiment and Predictions - Analysts from major financial institutions express strong confidence in Nvidia's growth, predicting that the global AI arms race will continue into 2025 and beyond, with Nvidia's AI moat expected to widen [4][5]. - A report from Loop Capital suggests Nvidia's market cap could reach $6 trillion, raising its target stock price from $175 to $250, indicating a bullish outlook on the company's future [10]. Group 4: Valuation and Growth Potential - Nvidia's expected P/E ratio for the next 12 months is around 31.5x, which is lower than its historical average, suggesting a reasonable valuation compared to its growth prospects [7]. - Revenue projections indicate Nvidia's revenue could soar from approximately $27 billion in FY2024 to nearly $200 billion by FY2026, highlighting significant growth potential [7][11]. Group 5: AI Infrastructure and Future Trends - The demand for AI computing power is expected to grow exponentially, driven by advancements in AI applications and infrastructure, with Nvidia positioned at the forefront of this trend [9]. - The global spending on Nvidia's AI GPUs is projected to reach around $2 trillion by 2028, as cloud computing giants and tech companies ramp up their investments in AI [11].