[Moo Brief] Three tech giants: Who will be the first $4 trillion cap stock?

The tech boom fuels soaring market caps for tech giants. As of June 13, the top 3 highest market cap stocks are $Microsoft (MSFT.US)$($3.28 trillion, 22% away from $4 trillion), $Apple (AAPL.US)$($3.27 trillion, 22% away from $4 trillion), and $NVIDIA (NVDA.US)$($3.08 trillion, 25% away from $4 trillion).

The question of which firm will be the first to cross the $4 trillion market cap milestone has gained public attention due to the comparatively narrow market size difference among the top 3 stocks. Another wave of AI product development is underway as the competition intensifies.

In just 3 months, $NVIDIA (NVDA.US)$'s market capitalization reached $3 trillion, a feat that took $Apple (AAPL.US)$ 719 trading days and $Microsoft (MSFT.US)$ 650 days to accomplish. The company has been able to compete with rivals and customers owing to its expertise in software and quick innovation in chip development. It is anticipated that $NVIDIA (NVDA.US)$'s performance would increase further if the AI boom continues and the emphasis is kept on training larger models.

$Apple (AAPL.US)$'s AI strategy and potential device upgrades are driving a significant upgrade cycle that is currently being underestimated. The general consensus among analysts is that iPhone sales will total 241 million in 2025 and 238 million in 2026. Wamsi Mohan of U.S. Bank has even more bullish estimations, with 247 million and 257 million devices, respectively.

$Microsoft (MSFT.US)$'s investments in AI infrastructure and software could bring it to the $4 trillion market cap milestone. Its stake in OpenAI, the developer of ChatGPT, could also prove to be a lucrative investment. NewStreet Research analyst Pierre Ferragu recently provided reasons for the company's potential to achieve a $4 trillion valuation, citing its historical ability to navigate technological change.

Each company has its own AI strengths, with $NVIDIA (NVDA.US)$ excelling in AI chip development, $Apple (AAPL.US)$integrating AI features into mobile devices, and $Microsoft (MSFT.US)$ investing in AI PC. Although a long-term winner is hard to predict, the AI boom is spurring innovation in the tech sector. Who, in your opinion, will benefit the most in the long run?