NVIDIA could be worth $50 TRILLION in the next 10 years, says early Amazon and Tesla investor

According to Tesla and Amazon's early investor James Anderson, NVIDIA could be worth an astonishing $50 trillion within the next 10 years. The unstoppable AI wave, which hasn't slowed down over the last 18 months, will help NVIDIA.

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Anderson's estimates don't seem out of control, with NVIDIA already scaling the lofty heights of a $3.3 trillion+ market cap recently, driven by the insatibale demand for AI chips. NVIDIA controls an estimated 90%+ of the AI GPU market share, leaving the rest with scraps.

Anderson said: "The potential scale of NVIDIA in the most optimistic outcome is both way higher than I've ever seen before and could lead to a market cap of double-digit trillions. This isn't a prediction but a possibility if artificial intelligence works for customers and NVIDIA's lead is intact".

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Anderson runs the Lingotto Investment Management fund, which is worth around $650 million. He believes that if the hype driving AI continues at this pace, NVIDIA could see a further 1500% increase in market cap over the next 10 years. This would see NVIDIA have a valuation higher than the entire S&P 500 today-incredible stuff.