Nvidia, market capitalization
Digest more
Nvidia has been a surefire AI winner in recent years, soaring 1,400%, thanks to demand for its products. Nvidia (NASDAQ: NVDA) has been a no-brainer buy for investors over the past couple of years. The stock has delivered both earnings and stock price performance as demand heated up for its full range of artificial intelligence (AI) products and services -- with the star being Nvidia's AI chips.
Nvidia has beaten rivals Apple and Microsoft to become the first company to reach a market value of $4 trillion. The AI chip maker, which closed at $162.88 a share and just shy of the $4 trillion mark,
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.
Three companies that I think can surpass Apple by 2030 are Amazon ( AMZN -0.13%), Alphabet ( GOOG 0.49%) ( GOOGL 0.49%), and Meta Platforms ( META -0.69%). The paths that each stock needs to take to get there are different, but I think that it's doable within the next five years.