Nvidia, Microsoft and Public Company
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Generative AI exploded onto the scene at the end of 2022, and forever changed our perception – and use – of AI technology. From a predictive model, based on classification and automation, AI shifted to a more creative mode,
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 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.