It’s been off to the races for Nvidia (NASDAQ: NVDA) ever since its GPUs became an essential building block for artificial intelligence (AI).
The AI data center boom has already made Nvidia one of the world’s largest technology companies, and with a massive market cap of $5.1 trillion, it can feel as if there isn’t much more upside left
But investors shouldn’t assume that’s the case. The company’s rampant growth has kept the stock’s valuation surprisingly reasonable, and its next-generation Vera Rubin AI chip platform could be yet another catalyst that takes the stock to new heights. Here are three reasons why Nvidia stock could keep soaring through 2026. 1.
Sales could double within the next two years The strongest indicator of Nvidia’s future growth is arguably the AI capital expenditures of its customers, the companies racing to build the data centers and other infrastructure to support broad AI adoption. Fortunately for Nvidia, these companies continue to put the pedal to the metal. Hyperscalers, including Meta Platforms, Microsoft, Alphabet, and Amazon, are planning higher capital expenditures in 2026.