In Thursday trading, Nvidia is poised to become the most valuable company ever, with its market cap hitting $3.92 trillion, fueled by Wall Street’s AI optimism. Shares of the top AI chip designer rose 2.2% to $160.6 in morning trading, surpassing Apple’s record $3.915 trillion market cap from December 26, 2024.
Reuters:
Nvidia’s newest chips have made gains in training the largest artificial-intelligence models, fueling demand for products by the Santa Clara, California, tech company.
Microsoft is currently the second-most valuable company on Wall Street, with a market capitalization of $3.7 trillion as its shares rose 1.4% on $498.
Apple rose 0.5%, giving it a stock market value of $3.19 trillion, in third place.
A race among Microsoft, Amazon.com, Meta Platforms, Alphabet, and Tesla, opens new tab to build AI data centers and dominate the emerging technology has fueled insatiable demand for Nvidia’s high-end processors.
Nvidia is now worth more than the combined value of the Canadian and Mexican stock markets, according to LSEG data. The tech company also exceeds the total value of all publicly listed companies in the United Kingdom.
MacDailyNews Take: Clearly, Nvidia is firing on all cylinders.
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Meanwhile, Apple’s stuck with this virtue-signaling, bow-legged mediocrity.
Stop…. Apple leads the world in Pride watch bands and Pride Wall papers!
Nvidia is production constrained. The top of the line products are almost always selling above “list price” for many months after introduction — sometimes selling above “list price” even after the next generation is introduced. It has been that way for several years.
To say that Nvidia is a well oiled machine or firing on all cylinders is just not true. Nvidia needs to figure out its production chains.
True. Nvidia is constrained by TSMC’s inability to make enough chips.
By the way, Apple relies on this very same chip maker. This could impact Apple.
Pretty helpful post and thanks for sharing.
AAPL’s derailment started years ago, with TC’s save-the-World pet projects that were praised by some and dismissed by many as the stock made them rich (AAPL financialized). But, in reality, just imagine if that precious energy/focus stayed on track…much like the CEO of the New Kid on the Block, who with Job’s awareness of temporality, states; “I don’t wake up proud and confident. I wake up worried and concerned” and is driven by the mindset described here; “Thirty Days From Going Out of Business.” Nvidia’s paradigm = TRILLION+ beyond AAPL!
Deadly combo; Cook’s many years of navel-gazing (do-gooder projects) and dumbfounding hesitancy, uncertainty and stalls of the last couple of yrs…say nothing of entering the rich, but deadly Chineze trap.
So what’s your recommended plan?
Maybe y’all should define what you think dei means before you go on a crusade to stamp it out.
DEI is rebranded anti-white affirmative action
What specifically has Cookie done to harm you, Nick. Hurting your precious feelings? White snowflake, you’ve never seen institutionalized racism. No wonder you don’t think it exists
Steve should have woke up concerned. Apple was failing. TC is not burdened with that. Apple is thriving.
One word; “equity” is all that needs to be known. Does “all for one and one for all” ring a bell? They are from the same source. Or; “To each according to their ability….”
Life isn’t fair…some are more skilled/smarter, etc and trying to “equalize” shortchanges the gifted/motivated. Besides, whenever a policy of “fairness” is implemented (equity), someone is ALWAYS treated less fairly.
DEI’ers think “merit” is cruel as it results in unequal distribution of blessings (diminishes incentive to excel), but forget that equity results in the equal sharing of misery (excellence compromised for all).
Managing race/sex (“D”), etc is the trap of Identity Politics and is linked to the compromise above. “Inclusion;” nice way to create dissension between groups when one gets “a-bone” over someone more qualified…assuming excellence isn’t “evil.”
Likewise, you may want to define what DEI is beyond the nice sounding words…which is a deceptive trap.
I’ve never seen a manufacturer be globally successful in the long run if they choose to display condescension, arrogance, racism, or intolerance. Maybe Apple errs to far in the touchy feely nice persona direction, but that’s better than the world finding out that a company is run exclusively by self serving assholes. The vast majority of people in the world don’t get bent out if shape if someone else does stuff differently.
Maybe that’s why Cook is successful and MDNisn’t? Apple serves everyone. In contrast, this forum is a ghost town long on ads and short on helpful intelligent civil discussion. It caters to magaism which at its core is about classism, where rich entitled fat old white dudes don’t have to follow the rules, but everyone who isn’t connected to the dictatorwannabe has to . Hey, it’s a nice club you are supporting but you guys should wake up and realize you’re not in it.