1 Trillion Reasons to Invest in Nvidia
Nvidia (NASDAQ: NVDA) has been a phenomenal investment over the past few years. And even though some investors think the company's shares are overdue for a steep, sustained correction, the tech leader's march forward is likely to continue over the medium term. Recently, Nvidia's CEO, Jensen Huang, gave even more reasons -- in the neighborhood of one trillion -- to be bullish on Nvidia's prospects. Here's why investors can still safely add this stock to their portfolios.
Image source: Getty Images.
First, let's start with Nvidia's most recent quarterly report, for its fourth quarter and full fiscal year 2026, ending on Jan. 25. The company's revenue for the year was $215.9 billion, up 65% year over year. The company's data center segment continues to be the star of the show. Can it maintain its momentum? Apparently so. At a recent conference, Huang said Nvidia expects about $1 trillion in purchase orders for its Blackwell and Vera Rubin chips through 2027.
Source Fool.com
