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.
AI has propelled the two companies toward an exclusive club, but Microsoft’s path forward is more complicated.
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.