NVIDIA CAN'T SURPASS APPLE, BRAND VISCOSITY AND MARKET COMPETITION HITS

Apple has a strong brand loyalty and consumer base. According to Statista, Apple's brand value reached nearly $355 billion in 2023, ranking first in the world. The uniqueness and ecosystem of Apple products (such as iOS, App Store, iCloud, etc.) make it easy for users to switch to other brands. In contrast, Inweida's products are mainly focused on GPU and AI computing, and while it is technologically leading in these areas, users' attachment to its brand is far from Apple.

Inweida's market characteristics mean that its products are more susceptible to challenges from competitors. If competitors roll out superior GPU or AI technologies, Inweida's customers may quickly shift to other options. According to a report by Gartner, the annual growth rate of the global GPU market in 2023 is expected to reach 25%, which means that competition will be more intense. Once Inweida's technology is no longer ahead, its share price may come under greater pressure.

Indyta's share price is currently near an all-time high, with a market capitalization climbing to $3.525 trillion, but this overvaluation also carries potential risks. According to Bloomberg data, when a company is overvalued, the market is more demanding on its future performance expectations. ONCE INGENDA'S GROWTH SLOWS, ITS SHARE PRICE COULD SUFFER A SEVERE UPSWING, EVEN MORE SO THAN APPLE.

While it has an advantage in terms of technological innovation and market demand, it is unlikely to replace Apple as the world's largest company by market capitalization due to Apple's brand viscosity and flexibility in market competition. Apple's ecosystem and brand influence will continue to keep it competitive in the market.

Traders at The Trader Funds