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You've Supported a Few Cards! Nvidia's Market Cap Trails Apple by Less Than $300 Billion: Huang Renxun Earns Big with AI

Xue Hua Tue, Mar 12 2024 09:51 PM EST

On March 8th, driven by artificial intelligence, Nvidia has embarked on a lucrative journey akin to riding a rocket.

Closing at $927.095 on Thursday, up by 4.52%, Nvidia's market cap reached $2.32 trillion, trailing Apple by less than $300 billion.

From the current institutional perspective, artificial intelligence is just getting started, coupled with Nvidia's overflowing orders. Thus, surpassing Apple to become the world's most valuable company shouldn't be too difficult.

Of course, riding on AI, Huang Renxun (Jensen Huang) has become quite adept at making money, so don't be surprised why Nvidia's graphics cards are becoming more expensive. They truly don't rely on this for profit, so...

With the AI trend, AMD's market cap is also steadily increasing. However, the biggest issue for both companies currently is the strict regulations preventing many of their powerful computing hardware from being sold to Chinese manufacturers, which is quite frustrating.

Nvidia's market cap today is undoubtedly partly due to your contribution. How many cards have you supported? s_261ea278b1074e9b93e8115491c2a683.jpg