Nvidia is now the world’s most valuable company.
$3.6 trillion.
Don’t ask me how many zeroes.
Nvidia’s recent surge to a $3.65 trillion market capitalization has left many in awe.
Surpassing Apple, the chipmaker has become the world’s most valuable company, riding the wave of artificial intelligence (AI) advancements.
Is this growth sustainable over the next decade?
Nvidia’s dominance in AI chip production is undeniable.
Its GPUs power a vast array of AI applications, from data centers to autonomous vehicles.
The company’s revenue has doubled in each of the past five quarters, reflecting a robust demand for its products.
However, the tech industry is notorious for rapid shifts.
Competitors like AMD and Intel are investing heavily in AI chip development, aiming to capture a slice of this lucrative market.
Moreover, tech giants such as Amazon and Google are developing their own AI chips to reduce reliance on Nvidia.