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.

U.S. stocks are rising after a surprisingly strong U.S. jobs report raised optimism about the economy. The S&P 500 added 0.6% Friday and neared its all-time high set on Monday.