Apple stock is predicted to surpass NVIDIA over the next year

Munster, a leading expert in technical analysis, expressed his views on the future of Apple and Nvidia. On Wednesday, Mr. Munster expressed his thoughts on X that Apple will overtake Nvidia next year. He emphasized that the market is currently underestimating Apple's potential in artificial intelligence.

Investors almost deny what kind of opportunities Apple's AI business will bring,” Munster stated, and emphasized the entry of this major technology company into the AI field.

Mr. Munster acknowledged NVIDIA's contribution to this field and named Mr. Jenson Huang, the company's CEO“The Godfather of AI”I called it.

NVIDIA's stock price for 12 monthsA sharp increase of 203 percentAlso, since January, it has risen close to 132% so far. In contrast, Apple's stock price has only risen 7.4% in 12 months, and has fallen about 1.2% since the beginning of 2024.

Munster's comments are consistent with previous analysis pointing out that Apple is one of the most underrated companies in the AI field. He suggested that Apple, along with Meta led by Mark Zuckerberg, could reach a “completely different atmosphere” due to AI development.

According to previous reports, NVIDIA could become the most valuable company in the world. NVIDIA is a pioneer in AI and graphics processing, but Munster's insight suggests that Apple's AI strategy could bring about changes in market trends.