If You'd Invested $10 Million in Nvidia Stock 10 Years Ago, Here's the Shocking Amount You'd Have Today

Core Insights - Nvidia has been one of the best-performing stocks over the last decade, primarily due to its leadership in the artificial intelligence (AI) sector [3][4] - The stock has seen a remarkable increase of approximately 24,000% over the past 10 years, turning a $10 million investment into around $2.4 billion [4] - Nvidia's business model benefits significantly from the rising demand for AI, particularly through the sale of its graphics processing units (GPUs), which are essential for training and deploying complex AI models [3][4] Company Performance - Current stock price of Nvidia is $178.73, with a market capitalization of $4,347 billion [3] - The stock has a gross margin of 70.05% and a dividend yield of 0.02% [3] - The stock's 52-week range is between $86.62 and $212.19, indicating significant volatility [3] Investment Strategy - While diversification is generally recommended, the article suggests that investors with high conviction in a stock like Nvidia may consider a concentrated investment strategy [5] - The potential for maximum growth is highlighted, encouraging investors to focus on their best ideas rather than spreading investments too thin [5]