<p>将 10,000 美元变成 100 万美元是每个投资者的梦想。这是对投资的 100 倍回报，可能正是投资者实现所有退休目标所需的东西。然而，在这个时间框架内实现这样的回报是极其罕见的。只有少数几只股票曾经完成过这一壮举。</p>
<p><strong>英伟达</strong>(NVDA 2.33%) 在过去几年中一直是一只强劲的股票，但人工智能市场仍然有大量的增长空间。10,000 美元的投资能否在十年内变成 100 万美元？让我们来看看。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MTY1NzAvcGVyc29uLWluLWEtd2hpdGUtc2hpcnQtd29uZGVyaW5nLWFib3V0LWEtcXVlc3Rpb24uanBnJnc9NzAw?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://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MTY1NzAvcGVyc29uLWluLWEtd2hpdGUtc2hpcnQtd29uZGVyaW5nLWFib3V0LWEtcXVlc3Rpb24uanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>英伟达已经实现了惊人的回报</h2>
<p>英伟达实际上是那些在十年内将 10,000 美元变成 100 万美元的股票之一。即使股票远低于历史最高点，如果你在十年前投资了 10,000 美元于英伟达，今天的价值大约为 200 万美元。不幸的是，投资者没有时光机可以回去投资英伟达，因此剩下的就是向前看。</p>
<p>那么，英伟达能否再次将 10,000 美元变成 100 万美元？可能不行。</p>
<p>为了实现这一目标，英伟达的市值需要增长 100 倍，将其从 2.66 万亿美元的公司变成 266 万亿美元的公司。作为参考，到 2024 年底，整个美国股市的市值大约为 62 万亿美元。预计到 2025 年底，全球市值将达到约 128 万亿美元。因此，很明显，266 万亿美元的公司在十年后不会出现。</p>
<p>但是，投资 10,000 美元于英伟达仍然是明智的选择吗？我认为是的。</p>
<p>你不需要寻找巨额回报才能成为成功的投资者；你只需要每年超越市场几个百分点。我认为英伟达可以做到这一点，因为人工智能仍然有大量的增长空间。</p>
<h2>英伟达的增长预计在未来仍将强劲</h2>
<p>英伟达的图形处理单元（GPU）是同类产品中的佼佼者，在数据中心的市场份额超过 90%。很少有公司能达到这样的主导地位，但这正说明了英伟达作为一家公司是多么成功。</p>
<p>虽然过去几年数据中心的建设规模巨大，但与英伟达认为的未来相比仍然微不足道。到 2024 年，他们估计数据中心的资本支出约为 4000 亿美元。然而，英伟达预计这一数字到 2028 年将上升到 1 万亿美元。这是在四年时间内的巨大增长，如果英伟达保持其市场份额，其已经令人印象深刻的财务状况可能会看到类似的增长。</p>
<p>然而，市场担心如果贸易战升级，这种数据中心支出可能会受到压力。这个观点在短期内至少是被推翻的。英伟达最大的客户是像 <strong>Alphabet</strong>(NASDAQ: GOOG)(NASDAQ: GOOGL) 和 <strong>微软</strong>(NASDAQ: MSFT) 这样的人工智能超大规模公司。这两家公司都确认了在未来一年内对数据中心进行大规模资本支出的承诺，主要集中在推动人工智能的基础设施上。</p>
<p>这意味着英伟达的增长势头依然强劲，但市场对该股票的估值似乎并不如此。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/693bc0a5a75bb0487f49c73c5793b1c8.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/693bc0a5a75bb0487f49c73c5793b1c8.png"/></p>
<p>NVDA 市盈率（前瞻性）数据来自 YCharts。</p>
<p>以 25 倍的前瞻性收益和 37 倍的历史收益，英伟达的估值现在与其科技同行相似，例如 <strong>苹果</strong>(NASDAQ: AAPL)，后者的历史收益为 34 倍，前瞻性收益为 29 倍，尽管其增长潜力远不及英伟达。此外，英伟达的估值与更广泛市场的差距并不大，以 <strong>标准普尔 500</strong>(^GSPC 1.47%) 为例，其前瞻性收益为 20.5 倍。</p>
<p>即使市场没有如此估值，英伟达仍然有大量的增长潜力。虽然它不会将 10,000 美元变成 100 万美元，但超越市场的回报并非不可能，这使得今天购买英伟达成为一个绝佳的选择。</p>

英伟达

<p>英伟达展现了显著的增长，在过去十年中将 1 万美元的投资转变为约 200 万美元。然而，再次实现从 1 万美元投资到 100 万美元的 100 倍回报是不太可能的，因为这将需要英伟达的市值飙升至 266 万亿美元。尽管如此，预计英伟达将在人工智能和数据中心领域继续超越市场，资本支出的显著增长也在预期之中。因此，虽然这不是一次高风险投资，但英伟达仍然是一个值得强烈推荐的买入，以实现超越市场的回报</p>

<p>Turning $10,000 into $1 million is every investor's dream. That's a 100-times return on your investment, and it could be the very thing investors need to meet all their retirement goals. However, this kind of return in that timeframe is extremely rare. Only a handful of stocks have ever accomplished this feat.</p>
<div class="lb-trans"><p>将 10,000 美元变成 100 万美元是每个投资者的梦想。这是对投资的 100 倍回报，可能正是投资者实现所有退休目标所需的东西。然而，在这个时间框架内实现这样的回报是极其罕见的。只有少数几只股票曾经完成过这一壮举。</p>
</div><p><strong>Nvidia</strong>(NVDA 2.33%) has been a strong stock to own over the past few years, but there's still a ton of growth left in the AI market. Is there enough for a $10,000 investment to turn into $1 million a decade? Let's find out.</p>
<div class="lb-trans"><p><strong>英伟达</strong>(NVDA 2.33%) 在过去几年中一直是一只强劲的股票，但人工智能市场仍然有大量的增长空间。10,000 美元的投资能否在十年内变成 100 万美元？让我们来看看。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MTY1NzAvcGVyc29uLWluLWEtd2hpdGUtc2hpcnQtd29uZGVyaW5nLWFib3V0LWEtcXVlc3Rpb24uanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F816570%2Fperson-in-a-white-shirt-wondering-about-a-question.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Nvidia has already posted jaw-dropping returns</h2>
<div class="lb-trans"><h2>英伟达已经实现了惊人的回报</h2>
</div><p>Nvidia is actually one of those stocks that turned $10,000 into $1 million in a decade. Even with the stock well off its all-time highs, if you invested $10,000 in Nvidia a decade ago, it would be worth around $2 million today. Unfortunately, investors don't have a time machine to go back and invest in Nvidia, so all that's left is looking forward.</p>
<div class="lb-trans"><p>英伟达实际上是那些在十年内将 10,000 美元变成 100 万美元的股票之一。即使股票远低于历史最高点，如果你在十年前投资了 10,000 美元于英伟达，今天的价值大约为 200 万美元。不幸的是，投资者没有时光机可以回去投资英伟达，因此剩下的就是向前看。</p>
</div><p>So, could Nvidia turn $10,000 into $1 million again? Likely not.</p>
<div class="lb-trans"><p>那么，英伟达能否再次将 10,000 美元变成 100 万美元？可能不行。</p>
</div><p>For that to happen, Nvidia's value would need to rise 100 times, turning Nvidia from a $2.66 trillion company to a $266 trillion company. For reference, the entire U.S. stock market cap was around $62 trillion at the end of 2024. It's expected to reach around $128 trillion worldwide by the end of 2025. So, it's pretty evident that a $266 trillion company isn't going to appear a decade from now.</p>
<div class="lb-trans"><p>为了实现这一目标，英伟达的市值需要增长 100 倍，将其从 2.66 万亿美元的公司变成 266 万亿美元的公司。作为参考，到 2024 年底，整个美国股市的市值大约为 62 万亿美元。预计到 2025 年底，全球市值将达到约 128 万亿美元。因此，很明显，266 万亿美元的公司在十年后不会出现。</p>
</div><p>But is a $10,000 investment in Nvidia still a smart one? I think so.</p>
<div class="lb-trans"><p>但是，投资 10,000 美元于英伟达仍然是明智的选择吗？我认为是的。</p>
</div><p>You don't have to look for moonshot returns to be a successful investor; you just need to beat the market by a few percentage points each year. I think Nvidia can accomplish that, as there is still a ton of AI growth left.</p>
<div class="lb-trans"><p>你不需要寻找巨额回报才能成为成功的投资者；你只需要每年超越市场几个百分点。我认为英伟达可以做到这一点，因为人工智能仍然有大量的增长空间。</p>
</div><h2>Nvidia's growth is still expected to be strong moving forward</h2>
<div class="lb-trans"><h2>英伟达的增长预计在未来仍将强劲</h2>
</div><p>Nvidia's graphics processing units (GPUs) are best in class and have a greater than 90% market share in data centers. Few companies reach that level of dominance, but this just speaks to how successful a company Nvidia has been.</p>
<div class="lb-trans"><p>英伟达的图形处理单元（GPU）是同类产品中的佼佼者，在数据中心的市场份额超过 90%。很少有公司能达到这样的主导地位，但这正说明了英伟达作为一家公司是多么成功。</p>
</div><p>While data center buildouts have been massive over the past few years, they're nothing compared to where Nvidia thinks they're headed. In 2024, they estimated that data center capital expenditures were around $400 billion. However, Nvidia expects that number to rise to $1 trillion by 2028. That's monster growth in a four-year timeframe, and if Nvidia maintains its market share, it could see similar growth in its already impressive financials.</p>
<div class="lb-trans"><p>虽然过去几年数据中心的建设规模巨大，但与英伟达认为的未来相比仍然微不足道。到 2024 年，他们估计数据中心的资本支出约为 4000 亿美元。然而，英伟达预计这一数字到 2028 年将上升到 1 万亿美元。这是在四年时间内的巨大增长，如果英伟达保持其市场份额，其已经令人印象深刻的财务状况可能会看到类似的增长。</p>
</div><p>However, the market is worried that this data center spending could come under pressure if a trade war ramps up. This notion has been disproven, at least in the short term. Nvidia's biggest clients are AI hyperscalers like <strong>Alphabet</strong>(NASDAQ: GOOG)(NASDAQ: GOOGL) and <strong>Microsoft</strong>(NASDAQ: MSFT). Both of these companies affirmed commitments to massive capital expenditures over the next year, mostly focusing on data centers to power AI.</p>
<div class="lb-trans"><p>然而，市场担心如果贸易战升级，这种数据中心支出可能会受到压力。这个观点在短期内至少是被推翻的。英伟达最大的客户是像 <strong>Alphabet</strong>(NASDAQ: GOOG)(NASDAQ: GOOGL) 和 <strong>微软</strong>(NASDAQ: MSFT) 这样的人工智能超大规模公司。这两家公司都确认了在未来一年内对数据中心进行大规模资本支出的承诺，主要集中在推动人工智能的基础设施上。</p>
</div><p>This means that Nvidia's growth is full steam ahead, but the market values the stock as if that's not the case.</p>
<div class="lb-trans"><p>这意味着英伟达的增长势头依然强劲，但市场对该股票的估值似乎并不如此。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/693bc0a5a75bb0487f49c73c5793b1c8.png" alt="" original-src="https://media.ycharts.com/charts/693bc0a5a75bb0487f49c73c5793b1c8.png"/></p>
<p>NVDA PE Ratio (Forward) data by YCharts.</p>
<div class="lb-trans"><p>NVDA 市盈率（前瞻性）数据来自 YCharts。</p>
</div><p>At 25 times forward earnings and 37 times trailing earnings, Nvidia is now valued at similar levels to its tech peers, such as <strong>Apple</strong>(NASDAQ: AAPL), which trades at 34 times trailing earnings and 29 times forward earnings, despite not having nearly the same growth potential as Nvidia. Furthermore, Nvidia isn't that much more expensive than the broader market, as measured by the <strong>S&amp;P 500</strong>(^GSPC 1.47%), which trades at 20.5 times forward earnings.</p>
<div class="lb-trans"><p>以 25 倍的前瞻性收益和 37 倍的历史收益，英伟达的估值现在与其科技同行相似，例如 <strong>苹果</strong>(NASDAQ: AAPL)，后者的历史收益为 34 倍，前瞻性收益为 29 倍，尽管其增长潜力远不及英伟达。此外，英伟达的估值与更广泛市场的差距并不大，以 <strong>标准普尔 500</strong>(^GSPC 1.47%) 为例，其前瞻性收益为 20.5 倍。</p>
</div><p>Nvidia still has a ton of growth left in the tank, even if the market isn't valuing it that way. While it won't turn $10,000 into $1 million, market-beating returns aren't out of the question, which makes Nvidia a great stock to scoop up today.</p>
<div class="lb-trans"><p>即使市场没有如此估值，英伟达仍然有大量的增长潜力。虽然它不会将 10,000 美元变成 100 万美元，但超越市场的回报并非不可能，这使得今天购买英伟达成为一个绝佳的选择。</p>
</div>

Will $10,000 Invested in Nvidia Stock Turn Into $1 Million a Decade From Now?

- Nvidia 在过去十年中将 $10,000 变成约 $2,000,000。  
- 未来十年，Nvidia 的市值需从 $2.66 万亿增至 $266 万亿，几乎不可能。  
- 尽管如此，Nvidia 仍有强劲增长潜力，适合投资。  

投资 1 万美元于 NVIDIA 股票，十年后能否变成 100 万美元？