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.

Phil Panaro — a former senior advisor at Boston Consulting Group who also served as CEO of a BCG subsidiary — says shares of the AI chipmaker will reach $800 by 2030. That implies another 545% upside for the stock, which traded around $122 a share mid-day Friday.