Nvidia's reign as one of the largest companies continues in 2025 with strong revenue growth
From Nasdaq: 2025-01-12 03:45:00
In 2024, Nvidia briefly held the title of the largest company in the world by market capitalization before Apple regained the position. Microsoft also contended for the top spot, showcasing Nvidia’s remarkable climb from not even being in the top 20 in 2021.
With the imminent rollout of Blackwell, demand for Nvidia’s Superchips is soaring. CEO Jensen Huang revealed that customers are clamoring for more Blackwell chips for their data centers, even as Nvidia partners with Foxconn to ramp up production. Analysts predict a 44% increase in revenue over the next year.
Microsoft’s announcement of an $80 billion spend on AI infrastructure in fiscal year 2025 signals continued growth in data center spending and chip purchases from Nvidia. This trend is accelerating, benefiting Nvidia and other companies downstream of this investment surge.
Despite fierce competition, signs point to Nvidia maintaining dominance in the AI market, which could add $15.7 trillion to the global economy by 2030. Microsoft’s substantial AI infrastructure spending bodes well for Nvidia’s future earnings, as the company continues to thrive in this expanding market.
Read more at Nasdaq: Nvidia Was One of the Largest Companies by Market Cap in 2024. Will Its Reign Continue in 2025?
