<p>自年初以来，<strong>标准普尔 500 指数</strong> 的涨幅接近 4%，而 <strong>英伟达</strong>(NVDA 0.63%) 在 2025 年仅上涨了约 3.4%。考虑到英伟达在 2024 年飙升了 171%，而标准普尔 500 指数上涨超过 23%，看到这位人工智能（AI）超级明星处于这种位置可能会让人感到不适应。</p>
<p>但如果将视角扩展到几年前呢？如果你在五年前购买了英伟达的股票，你会看到投资获利，还是仍在等待其恢复？</p>
<h2>这家半导体专家在天际线上飞速攀升</h2>
<p>虽然 AI 股票在过去几年才开始引起大多数投资者的关注，但早在 2020 年，英伟达就一直在努力成为行业领导者，当时它收购了 Swiftstack，这是一家数据存储公司，其技术已经在英伟达的图形处理单元（GPU）中使用。随后几年，英伟达继续通过收购策略进行了一系列交易，以追求激进的增长。</p>
<p>在过去五年中，英伟达的历史不仅仅是更强大的知识产权组合。随着客户继续从英伟达采购其 GPU 和其他半导体，公司在多项财务指标上也取得了改善。从营收增长到产生更强的盈利和自由现金流，英伟达的财务成功为投资者提供了大量欢呼的理由。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/4243c3825510647fde58d093d6e71a78.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/4243c3825510647fde58d093d6e71a78.png"/></p>
<p>NVDA 年度收入数据来自 YCharts</p>
<p>在过去五年中，市场持续奖励英伟达的成就，使其股价上涨约 1820%。那些五年前购买了 1000 美元股票的人，如今看到他们的原始投资增长到 19270 美元。</p>
<h2>现在购买英伟达股票还来得及吗？</h2>
<p>尽管英伟达股票表现出色，但对有意投资的人来说，仍然有很好的机会，因为该股票的交易价格低于其历史估值。股票的市盈率为 54.8 倍，虽然看起来价格不菲，但低于其五年平均市盈率 73.4 倍。</p>

英伟达

<p>英伟达的股票在 2025 年上涨了 3.4%，未能达到标准普尔 500 指数的 4% 涨幅。然而，在过去五年中，英伟达的股票飙升了 1,820%，将 1,000 美元的投资转变为 19,270 美元。该公司实现了显著的财务增长，包括收入和盈利的增加。尽管表现强劲，英伟达的股票目前的交易价格相较于其五年平均市盈率仍处于折扣状态，这为潜在投资提供了机会</p>

<p>Coming up just short of the 4% gain that the <strong>S&amp;P 500</strong> has enjoyed since the start of the year, <strong>Nvidia</strong>(NVDA 0.63%) has risen only about 3.4% in 2025. It may feel unfamiliar to see the artificial intelligence (AI) superstar in this position considering it soared 171% in 2024 while the S&amp;P 500 ripped more than 23% higher.</p>
<div class="lb-trans"><p>自年初以来，<strong>标准普尔 500 指数</strong> 的涨幅接近 4%，而 <strong>英伟达</strong>(NVDA 0.63%) 在 2025 年仅上涨了约 3.4%。考虑到英伟达在 2024 年飙升了 171%，而标准普尔 500 指数上涨超过 23%，看到这位人工智能（AI）超级明星处于这种位置可能会让人感到不适应。</p>
</div><p>But how about expanding your perspective to a few years ago? Had you picked up Nvidia stock five years ago, would you be looking at a profit from your investment or would you still be waiting for it to recover?</p>
<div class="lb-trans"><p>但如果将视角扩展到几年前呢？如果你在五年前购买了英伟达的股票，你会看到投资获利，还是仍在等待其恢复？</p>
</div><h2>This semiconductor specialist has skyrocketed through the stratosphere</h2>
<div class="lb-trans"><h2>这家半导体专家在天际线上飞速攀升</h2>
</div><p>While AI stocks have only become prominent on most investors' radars in the past couple of years, Nvidia had been working to emerge as the industry leader even back in 2020, when it acquired Swiftstack, a data storage company whose technology had already been used in Nvidia's graphics processing units (GPUs). A flurry of transactions continued over the ensuing years as Nvidia pursued an aggressive growth-through-acquisition strategy.</p>
<div class="lb-trans"><p>虽然 AI 股票在过去几年才开始引起大多数投资者的关注，但早在 2020 年，英伟达就一直在努力成为行业领导者，当时它收购了 Swiftstack，这是一家数据存储公司，其技术已经在英伟达的图形处理单元（GPU）中使用。随后几年，英伟达继续通过收购策略进行了一系列交易，以追求激进的增长。</p>
</div><p>A more robust intellectual property portfolio isn't the only hallmark of Nvidia's history over the past five years. The company has also achieved improvements on a variety of financial metrics as customers continue to source their GPUs and other semiconductors from Nvidia. From growing its top line to generating stronger earnings and free cash flow, Nvidia's financial successes have provided investors with plenty to cheer.</p>
<div class="lb-trans"><p>在过去五年中，英伟达的历史不仅仅是更强大的知识产权组合。随着客户继续从英伟达采购其 GPU 和其他半导体，公司在多项财务指标上也取得了改善。从营收增长到产生更强的盈利和自由现金流，英伟达的财务成功为投资者提供了大量欢呼的理由。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/4243c3825510647fde58d093d6e71a78.png" alt="" original-src="https://media.ycharts.com/charts/4243c3825510647fde58d093d6e71a78.png"/></p>
<p>NVDA Revenue (Annual) data by YCharts</p>
<div class="lb-trans"><p>NVDA 年度收入数据来自 YCharts</p>
</div><p>Over the past five years, the market has consistently rewarded Nvidia for its achievements, launching it about 1,820% higher. Those who purchased $1,000 in stock five years ago have seen their original investments grow to $19,270 as I write this.</p>
<div class="lb-trans"><p>在过去五年中，市场持续奖励英伟达的成就，使其股价上涨约 1820%。那些五年前购买了 1000 美元股票的人，如今看到他们的原始投资增长到 19270 美元。</p>
</div><h2>Is it too late to scoop up Nvidia stock?</h2>
<div class="lb-trans"><h2>现在购买英伟达股票还来得及吗？</h2>
</div><p>Despite Nvidia stock's stellar performance, those interested in a position still have a great opportunity with the stock trading at a discount to its historical valuation. Shares are trading at 54.8 times trailing earnings, which admittedly seems pricey, but it's less expensive than their five-year average P/E of 73.4.</p>
<div class="lb-trans"><p>尽管英伟达股票表现出色，但对有意投资的人来说，仍然有很好的机会，因为该股票的交易价格低于其历史估值。股票的市盈率为 54.8 倍，虽然看起来价格不菲，但低于其五年平均市盈率 73.4 倍。</p>
</div>

If You'd Invested $1,000 in Nvidia Stock 5 Years Ago, Here's How Much You'd Have Today

- Nvidia 在 2025 年上涨约 3.4%，低于 S&P 500 的 4% 增幅。  
- 过去五年，Nvidia 股价上涨约 1,820%，投资者收益显著。  
- 尽管当前股价较高，但仍低于五年平均市盈率，投资机会依然存在。  

如果你在 5 年前投资了 1000 美元购买英伟达的股票，今天你会有多少钱