Prediction: Nvidia (NVDA) Will Be Worth More Than Alphabet, Apple, Amazon, Tesla, Meta, and Microsoft Combined by 2030

By Keithen Drury – Mar 3, 2026 at 8:45PM ESTKey PointsNvidia is a key beneficiary of artificial intelligence (AI) spending.Many of Nvidia's peers are the ones spending big.Nvidia (NVDA 1.29%) is one of the most impressive companies we've ever seen. It is dominating the computing hardware realm and has become the primary option to run all of the generative artificial intelligence (AI) workloads that are coming online. However, we're still in the early innings of the buildout, leaving plenty of room for upside for Nvidia. If projections pan out, Nvidia could transform into a massive company that is far larger than nearly every other company. This makes it a golden buying opportunity, but just how large can it get? Image source: Getty Images. Nvidia believes AI spending will skyrocket over the next five years Nvidia made a jaw-dropping projection that global data center capital expenditures will reach $3 trillion to $4 trillion annually by 2030. That's a bold call, but what does it mean for Nvidia's stock? For 2025, the company projected global data center spending to be about $600 billion. For fiscal year (FY) 2026, ending Jan. 25, it generated $216 billion in revenue. That equates to a 36% spending share. ExpandNASDAQ: NVDANvidiaToday's Change(-1.29%) $-2.36Current Price$180.12Key Data PointsMarket Cap$4.4TDay's Range$176.92 - $180.8952wk Range$86.62 - $212.19Volume5.1MAvg Vol175MGross Margin71.07%Dividend Yield0.02% If we assume that the projection ends up on the high end and Nvidia sustains its 36% spending capture, that would project revenue of $1.44 trillion. Nvidia generated a 54% profit margin in FY 2026, and if it maintains that level, it will deliver $780 billion in profits. If we assign a 30 times trailing earnings multiple to that, we would get a stock that's worth $23.4 trillion. That's an absurdly large company, especially considering Nvidia has a market cap of less than $5 trillion now. However, there is a financial basis behind it if projections go as expected and Nvidia maintains its market share. It also brings up an interesting comparison: the "Magnificent Seven" cohort. The current combined market cap of the other Magnificent Seven stocks is $16.3 trillion. NVDA Market Cap data by YCharts So, Nvidia has a chance to be worth a lot more than its peers combined right now by 2030. That's huge value creation, and it's all thanks to the spending from various AI hyperscalers. Nvidia is a once-in-a-generation investment opportunity, and investors can't miss it. The odds of its living up to this exact projection are remote, but it shows that Nvidia will still be a fantastic stock to own, even if it falls short. Nvidia will undergo some monstrous growth over the next few years, and I'm confident it will outperform every stock in the market. AI spending isn't slowing down, so neither should your Nvidia investing.Read NextMar 3, 2026 •By Keithen DruryThis Billionaire Is Selling Amazon and Microsoft and Buying This Impressive AI Stock Up Over 1,200% Since 2023Mar 3, 2026 •By Daniel FoelberPrediction: Nvidia's Feb. 25 Earnings Report Just Proved Why It Will Be the Best-Performing "Magnificent Seven" Stock in 2026Mar 3, 2026 •By Dave KovaleskiShould You Buy Nvidia Stock Before March 16?Mar 3, 2026 •By Jennifer SaibilIf you'd Invested $10,000 in Nvidia Stock Last Year, This Is How Much You'd Have Today.Mar 3, 2026 •By Keithen Drury1 Reason Nvidia Stock Could Have a Big MarchMar 3, 2026 •By Geoffrey SeilerIs Nvidia Stock a Buy as Revenue Continues to Soar?About the AuthorKeithen Drury is a contributing Motley Fool technology analyst covering AI, semiconductors, cybersecurity, and SaaS stocks. In addition to The Motley Fool, Keithen is a mechanical engineer and has held roles at Honeywell and smaller industrial companies like Brand Hydraulics and Lincoln Industries. He holds a bachelor’s degree in mechanical engineering from Dordt University.TMFTripleOptionStocks MentionedNvidiaNASDAQ: NVDA$180.12(-1.29%)-$2.36*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.