James Anderson may not be a household name, but there’s no denying that the legendary investor has made his mark. He spent more than two decades at Scottish asset manager Baillie Gifford, where he led the launch of the Scottish Mortgage Investment Trust, achieving 1,700% returns. He is now managing partner at Lingotto Investment Management.
He made a name for himself by spotting early and betting heavily on some of the tech sector’s most iconic companies, including Amazon, TeslaAnd Nvidia (NASDAQ: NVDA)among others. So when Anderson talks, investors would do well to listen.
Earlier this year, Anderson made a bold prediction, saying that if the adoption of artificial intelligence (AI) If the company continues at its current pace, Nvidia could be worth as much as $50 trillion in ten years. While that may seem like a fantastic claim at first glance, he makes a compelling argument.
Let’s take a look at the factors that could drive Nvidia’s value to those unthinkable heights.
There’s no denying the impact AI has had on Nvidia’s fortunes in recent years, but it’s worth looking at recent history to provide some context. Over the past twelve months, the company’s market capitalization has risen from $1.2 trillion to $3.2 trillion (at time of writing) – increasing its value by $2 trillion. This all came about because the company was the most powerful graphics processing units (GPU) have become the gold standard for AI processing.
Nvidia’s results are phenomenal. It generated five straight quarters of triple-digit percentage growth before inevitably running into tough competition. Despite this, Nvidia still grew 94% year-over-year to $35 billion in the third quarter of 2025 (ending October 27). This resulted in diluted earnings per share (EPS) increasing 103% to $0.81.
Through the first nine months of the 2025 fiscal year (which ends at the end of January), Nvidia has generated $91 billion in revenue and is on track to surpass $129 billion for the year. A turnover of that magnitude would have been unthinkable just a few years ago.
For example, the $35 billion in revenue Nvidia generated in its most recent quarter easily exceeded the $27 billion in revenue it generated during the entire 2023 fiscal year.
Yet these huge gains could be just the beginning. The AI market could potentially be worth $15.7 trillion by 2030, according to analysts at PwC, who also noted that “AI is still in its very early stages.” If Nvidia captured just a small piece of that addressable market, sales and profits could continue to rise.