NVIDIA passed the 3 trillion mark and is more valuable than Apple

www.alainguillot.com/nvidia-p...
That’s of no surprise, ever since the death of Steve Jobs, Apple has lost it’s innovation edge. Tim Cook is a great operator who has taken Steve Jobs legacy as far as could, but Tim Cook is not Jobs.
For those of us who own at least a little bit of NVIDIA, let’s open that bottle of Champagne and celebrate.
Today, Wednesday June 5th, NVIDIA crossed over $3-Trillion market cap and has overtaken Apple as the 2nd most valuable company in the world.
So here is how they are ranking by market cap.
MSFT = $3.16 trillion
NVDA = $3.004 trillion
AAPL = $3.004 trillion
GOOG = $2.16 trillion
AMZN = $1.88 trillion
NVIDIA is the company that has benefitted the most ever since ChatGPT and Open AI became popular in the internet. NVIDIA is the company that design the chip that power Artificial Intelligence.
NVIDIA’s power in the stock market
The stock is up over 140% this year and 200% over the last year; Nvidia shares have gained more than 3,300% in the last five years. Over those same periods, the Nasdaq has gained a more modest 14%, 29%, and 126%, respectively.
Tech Giants, including Amazon (AMZN), Google (GOOG), Meta (META), Microsoft, Tesla (TSLA), and others, use its hardware to power everything from their cloud-based AI offerings for customers to their own AI models and services.
If you are afraid, you missed out, fear not. If you own the S&P 500 you already own already own 6.46%, so congratulations for owning a big part of the American Economy.

[@AlainGuillot]

Do you own some Nvidia? how about the S&P 500? you must be happy.