January 9, 2026, 11:56 PM EST. Nvidia's stock has surged roughly 1,000% over three years as the AI revolution leaned on GPUs. The company's market cap climbed from about $345 billion to $4.6 trillion, making it one of the most valuable firms. In fiscal 2023, Nvidia posted $26.9 billion in revenue, with the data-center business up 41% to about $15 billion. By Q3 fiscal 2026, total revenue reached $57 billion, and data-center sales jumped 66% year over year to $51.2 billion, driving a run rate near $200 billion. Core chips - Hopper, Blackwell, Vera Rubin - remain a major tailwind for hyperscalers like Microsoft, Alphabet, Amazon, Meta, and Oracle. Looking ahead, Nvidia could evolve from chip designer to a broader platform and infrastructure provider over the next decade, with catalysts not yet fully priced in.
