Nvidia Corp. (NASDAQ:NVDA) is already the world’s most valuable company, but Wall Street’s latest targets suggest its next leg higher could create market value equivalent to about 14 Intel Corp (NASDAQ:INTC)-sized companies.

Following Nvidia’s blockbuster earnings, analysts across Wall Street raised their price targets, with Raymond James lifting its target to $515 per share, the highest among major brokerages.

The Math Behind Nvidia’s Next Trillion-Dollar Leap

If Nvidia were to reach that level from its current price of around $226, its market capitalization would climb from roughly $5.47 trillion to about $12.5 trillion.

That implies the company would add nearly $7 trillion in market value alone.

To put that into perspective, Intel’s current market capitalization is about $485 billion. Nvidia’s projected increase in value would therefore equal the creation of roughly 14 Intel-sized companies.

Nvidia > AMD + Micron in Market Value

The comparison highlights just how unprecedented Nvidia’s scale has become. The chipmaker is already worth more than Advanced Micro Devices, Inc. (NASDAQ:AMD) (roughly $778 billion) and Micron Technology, Inc. (NASDAQ:MU) ($1.05 trillion) combined, and even after becoming the first publicly traded company to surpass a $5 trillion valuation, analysts continue to argue that demand for its AI infrastructure remains in the early stages.

During Wednesday’s earnings call, CEO Jensen Huang reiterated that AI factories are expanding beyond model training into inference, agentic AI, enterprise computing and robotics, while expressing confidence that frontier AI companies such as OpenAI and Anthropic will remain Nvidia customers “for a very long time.”

Whether Nvidia ultimately reaches the most bullish targets remains uncertain. But the sheer scale of the numbers illustrates why the company has become the defining force of the AI era—and why Wall Street still sees room for it to grow by an amount that would eclipse the entire market value of many of the semiconductor industry’s biggest names.

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