NVIDIA becomes the largest company in the world in terms of market capitalization - surpasses Microsoft
NVIDIA stocks have risen over 170% this year, with strong demand for semiconductors for artificial intelligence (AI) as a tailwind.
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NVIDIA enters this month, the first time since 2002AppleIn terms of market capitalizationsurpassThe past few days have been out of the ordinary. Apple also overtook Microsoft last week, temporarilyTop in terms of market capitalizationIt was back in bloom.
These movements highlight that AI is the biggest area of attention for many investors.
Wedbush analyst Daniel Ives said, “Over the next year, competition for a total market value of 4 trillion dollars in the technology field will unfold between NVIDIA, Apple, and Microsoft.”
Some investors and NVIDIA Chief Executive Officer Jensen Huang (CEO) argue that the company is no longer a semiconductor manufacturer.
Michael Lippert, vice president and portfolio manager of asset management company Baron Capital, mentioned NVIDIA's proprietary software and development ecosystem, and said in an interview, “They're not just selling chips, they're selling systems.”
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coco0217 : It's going great