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Nvidia market cap: Nvidia's value increased from $1 trillion in May '23 to $3 trillion in June '24, beating Apple and Microsoft, to become the world's most valuable company. Furthermore, the company’s market value increased by $113 billion within one day with income surging 7x to $14.9 billion and revenue increasing to $26 Billion. So what’s the story behind this massive success? ETNow's Sumita Kareer explains! #NvidiaJuggernaut #AISupremacy #TechTitanDethroned #RecordBreakingValuations #SumitaK
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Nvidia passed Apple in market cap on Wednesday, making it the second-most valuable public company, behind Microsoft. Nvidia also hit a $3 trillion market cap milestone on the same day. Given the rise in Nvidia shares, it might seem to be one of the best plays in the AI market. But this investor says to consider “boring” Big Tech companies such as Alphabet and Microsoft instead. These companies have broad revenue streams and use AI to enhance their existing products, instead of relying on the AI
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