Nvidia set to overtake Apple as world's second-most valuable company

- Nvidia could soon surpass Apple to become the world's second-most valuable company, as the kingmaker behind the AI revolution takes on the iPhone maker that has ruled Wall Street for decades.

"On the other hand, Nvidia has been able to catch wave upon wave of growth. Beginning with gaming demand, then crypto and now AI, they have been able to perfectly match innovation with demand and that equals explosive growth." Since its blowout forecast about a year ago, the company has consistently breezed past Wall Street's lofty expectations for revenue and profit, with demand for its graphic processors far outstripping supply as Big Tech rushes to embed AI applications.

The fund clocked $1 billion in daily turnover for the first time ahead of Nvidia's results last week and its total net assets have hit a record $2.82 billion this week, according to Lipper data. Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My Retirement Account

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

AI darling Nvidia's market value surges closer to AppleExplore stories from Atlantic Canada.
Sumber: SaltWire Network - 🏆 45. / 63 Baca lebih lajut »

AI darling Nvidia’s market value surges closer to AppleChipmaker jumps to record high
Sumber: globeandmail - 🏆 5. / 92 Baca lebih lajut »

AI darling Nvidia's market value surges closer to AppleNvidia's shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker's stock market value about $100 billion away from overtaking...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

China tariffs, Nvidia earnings, how to view Apple: Opening BidThe trade war with China has become a key talking point in the 2024 election, with President Joe Biden expected to increase tariffs on Chinese electric...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »