FINANCE
How much money would you have made if you had invested $1,000 in Nvidia 10 years ago?
The technology company Nvidia has seen massive gains in its stock value. How much would you have earned if you were to have invested $10,000 ten years ago?
Investors who recognized Nvidia’s potential in 2014 are now reaping the rewards of their foresight. On 21 February, the company announced that in the fourth quarter of 2024, revenue was up twenty-two percent compared to the previous quarter and over 260 percent when looking at what the company generated during the same period the previous year.
How much has Nvidia’s stock increased over the last ten years?
In February 2014, Nvidia’s stock was priced at $4.60. With $10,000, an investor could have purchased 2,173 units of the company’s stock at that time. Just over the last year, the stock’s value has surged 237.34 percent to $798.28. If one were to have held onto the stocks for a decade, they would have seen their initial investment of $10,000 grow to $1,735,391.
What is Nvidia?
For those who are considering investing in the company, here are some basics about what they offer and why they have seen such dramatic gains in the stock value. In the company’s own words, NVIDIA is a “pioneer in accelerated computing.” Founded in 1993, the first major breakthrough of the organization was made in 1999 when they invented the GPU, which “sparked the growth of the PC gaming market, redefined computer graphics, ignited the era of modern AI and is fueling industrial digitalization across markets.” For those not so familiar with the world of gaming, GPU stands for ‘Graphics processing unit.’