Amazon and Alphabet Could Surpass Nvidia's Valuation by 2029

Reported about 1 month ago

According to forecasts, both Amazon and Alphabet might exceed Nvidia's current market capitalization of $2.9 trillion by 2029. Amazon, currently valued at $1.9 trillion, may reach $3 trillion through growth in e-commerce, advertising, and cloud services, while Alphabet, with a current valuation of $2 trillion, could achieve the same via its dominance in digital advertising and cloud computing. Both companies are projected to experience significant annual revenue growth, making them strong contenders to surpass Nvidia's valuation in the coming years.

Source: YAHOO

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