NVDA will grow into larger and larger valuation figures

BaronLyly
2024-03-08

The speculation that $NVIDIA Corp(NVDA)$ could potentially overtake $Apple(AAPL)$ 's market capitalization in just X days is intriguing, given the significant gap of over $300 billion. The potential for NVDA to surpass Apple's market capitalization in 30 days

FYI though - NVDA's story (about graphic-based processor acceleration then AI) is more than 2 decades in development. Only in late 2022 the world began to realize what can materialize here.

I am not a blind bull. Recent gains have surprised me - I was expecting $650 by Easter when we were at the stubborn $500 level. But anyone who tells me the stock price isn't justified/pushed by sales growth into many years to come doesn't understand this AI revolution.

NVDA is in control of +90% of the market - until $Intel(INTC)$ or $Advanced Micro Devices(AMD)$ take a HUGE bite from this market-share, NVDA will grow into larger and larger valuation figures.

Cheers!

NVDA Will Surpass 🍎's Market Cap in Just __ Days?
Nvidia hits $927 in Thursday trading and market cap stands at $2.3 trillion, slightly trailing behind Apple's $2.6 trillion. Apple's stock has been declining in recent days due to the company missed AI trend. ---------------------- When will NVDA surpass Apple in market cap? Will NVDA hit $1000 in March?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment