Nvidia, Apple and Microsoft
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Microsoft and Nvidia could both soon hit $4 trillion in market cap. Some analysts believe that there may still be more upside ahead, and that one or both of these companies could soon be worth $5 trillion.
The chipmaker extended its winning streak to a seventh consecutive week — and the 11th in the last 12 — nearly doubling its share price from early April lows in just over three months.
Nvidia became the first publicly traded company to surpass a $4 trillion market capitalization value, 13 months after surpassing the $3 trillion mark and making it the world’s most valuable company ahead of Apple and Microsoft.
Tech's Big Three (Nvidia, Microsoft, and Apple) are now worth $10.87 trillion, triple their value 5 years ago. Are they at their peak or still growing?
Nvidia made history on Wednesday, becoming the first company in the world to reach a $4 trillion market capitalization. This unprecedented milestone solidifies its position as a dominant force in the global economy and a key player in the artificial intelligence revolution.
Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has climbed to record after record recently.
Key Points Nvidia's market cap just hit $4 trillion, and it could rise further on positive market sentiment.It reports second-quarter earnings at the end of August, and it should go even higher.Nvidia stock offers exciting opportunities for long-term investors.