According to a report by the Financial Times on Tuesday, one of the most successful tech investors said Nvidia , as saying that"the potential scale of Nvidia in the most optimistic outcome is both way higher than I've ever seen before and could lead to a market cap of double-digit trillions."
Anderson, who recently teamed up with the holding company of Italy's Agnelli family to launch Lingotto Investment Management, said Nvidia's"persistent exponential progress, the competitive advantages in hardware and software, and the culture and leadership are exactly what we look for." The FT said Anderson remarked that an Nvidia share might be worth $20,000 in 10 years, translating to a market capitalization of $49 trillion. Anderson assigned the probability of this type of outcome at 10% to 15%.