Nvidia Would Have to Add Almost a Whole Broadcom to Reach $7 Trillion
Closing a $1.55 trillion gap might take less time than its size suggests.
Overview
Nvidia (NASDAQ:NVDA), the world's most valuable company, is worth around $5.45 trillion as of this writing. The next big round number is $7 trillion. And the gap between them is larger than it sounds: roughly $1.55 trillion, or nearly the full market value of Broadcom (NASDAQ:AVGO), the $1.69 trillion chip and infrastructure software business.
What would have to be true of Nvidia's revenue, its margins, and its price-to-earnings multiple for the company to add almost a whole Broadcom to its value? And how long could it take?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.