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Chart of the Week: Nvidia’s sales rocket while its shares flatline

Is there a limit to how big a company can get?

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Chart involving Nvidia, market expectations versus stock price change per fiscal quarter.

Nvidia, with a market capitalisation of $4.5tn or so, is the most valuable company in the world. Its share price has risen 700 per cent in three years and its sales have grown at a rate of 100 per cent annually over that period. But even for the greatest growth stories, at some point every possible expectation is priced in and every investor owns as much of the stock as they want.

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