Nvidia outpaces Microsoft and Apple on path to $4 trillion valuation
Nvidia
is leading the race to become the world's first $4 trillion (€3.4 trillion) company.
Apple
had seemed destined to get there, peaking at $3.85 trillion in December 2024. However, Nvidia ($3.8 trillion) and
Microsoft
($3.65 trillion) are now the frontrunners.
Apple ($3 trillion) has fallen well behind, with new product cycles and the disappointing Vision Pro yet to make a major impact.
Nvidia's turnaround is striking. The stock tanked early in 2025 amid fears over China's DeepSeek AI and tariff threats, but has soared almost 80 per cent from April's bottom.
READ MORE
Too far, too fast? No, says Loop Capital, which envisions a $6 trillion valuation. Barclays sees $5 trillion on the horizon.
Nvidia chief executive
Jensen Huang
is similarly bullish, hailing AI and robotics as a 'multitrillion-dollar opportunity' at Wednesday's shareholder meeting. Indeed, Bank of America's Vivek Arya goes further, calling Nvidia a 'value stock' despite its rapid ascent, 'given the kind of growth opportunity' it presents.
Market sentiment is fickle. For now, however, Nvidia is the frontrunner in the $4 trillion club.
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