Assuming Nvidia does reach $600 billion in sales in 2030, the stock will have to maintain its current price-to-sales ratio (P/S) of 32 to generate 561% returns from this level. That would translate into a market cap of $19.2 trillion, compared to the current level of just under $3 trillion.

Nvidia 's (NASDAQ: NVDA) share price has skyrocketed more than 800% while Kamala Harris has served as vice president of the United States. That's a bigger gain than the stock delivered when Donald Trump was in the White House. It's also larger than the returns generated during any of the four-year terms of Barack Obama and George W. Bush.

On October 3, the semiconductor giant paid out dividends to its investors, here's how much you'd receive if you owned NVDA shares.

Now let's move on to my prediction. Yes, Nvidia shares have delivered a lackluster performance in recent weeks, but it's important to put that into perspective. The stock still has advanced 144% so far this year and has soared 2,700% over the past five years.

The majority of active managers tracked by BofA have Nvidia positions — but the stock’s relative weighting in funds is still not aggressive, which could come as some relief.