Nvidia's path to a $1 trillion valuation

You can see that Nvidia's revenue has increased by 206% over the last year. But perhaps even better is the company's bottom line. The impressive margin expansion has helped fuel a rise in profits, as diluted earnings per share increased from $0.27 during the third quarter of fiscal 2023 to $3.71 for the most recent quarter -- over 12,000% growth in just one year.

Nvidia's eye-popping growth on both the revenue and earnings lines sheds light not only on the demand for its products, but the pricing power that the company can command given its market-leading position.