NvidiaStocksHistorical highsUpdated, becoming the momentum of "King's return".On October 21, with a 4% increase in stock price, the market capitalization exceeded 3.5 trillion dollars, once again approaching the leader Apple (3.6 trillion dollars). Nvidia has the potential to surpass Apple, which created the iPhone moment, and become the most valuable company in the USA.The momentum of Nvidia has been growing. With a 4% increase in stock price on October 21, the market value exceeded 3.5 trillion dollars, once again approaching the top-ranked Apple (3.6 trillion dollars). Nvidia has the potential to surpass Apple, which created the iPhone moment, and become the most 'valuable' company in the USA.
Nvidia's "King's return"、The conditions for a stock market rally seem to have come back..
Nvidia's 'Return of the King.'
$NVIDIA (NVDA.US)$ On October 21st, it hit a new all-time high since listing, closing at $143.71. After the stock price exceeded $140 on June 20th, there was a period of adjustment, but finally, it showed the momentum of a 'return of the king'.
After the stock price rose by 4% on October 21, the market capitalization exceeded 3.5 trillion dollars, once again approaching the top position. $Apple (AAPL.US)$ As the sea approaches, if the benefits of the AI investment boom continue, Nvidia may surpass Apple, which once created the iPhone moment, and become the most 'valuable' company in the USA.
Please note...

$NVIDIA (NVDA.US)$
The main reasons for Nvidia's stock price increasing by 4% over 4 days are as follows:
1. Announcement from TSMC
Taiwan Semiconductor Manufacturing (TSMC) has confirmed that the demand for AI technology is "real" and "sustainable". TSMC predicts that revenue from server AI processors will more than triple this year and account for the mid-10% range of total revenue by 2024.
2. Large order from Microsoft
Microsoft, a major customer of Nvidia, reported a significant increase in orders for Nvidia GB200 chips in the fourth quarter. According to analyst Ming-Chi Kuo, the order quantity has more than tripled from 400 racks to 1,450 racks.
Production commencement of the Blackwell chip.
Production of Nvidia's new Blackwell chip is expected to begin in early fourth quarter of 2024. This is expected to result in shipments of 0.15 million to 0.2 million units in the fourth quarter of 2024.
Growth forecast for the AI infrastructure market.
Analyst from Wedbush, Dan Ive...

$NVIDIA (NVDA.US)$
Leather jacket ... I'm going to do it.
"Market Cap King"! I will become it!!!

$NVIDIA (NVDA.US)$
If you're here, say you're here; if you're not, say you're not (・Д・)ノシ☆