Reported about 10 hours ago
Nvidia is close to overtaking Apple as the largest company by market cap, positioned at $3.13 trillion compared to Apple's $3.37 trillion. Despite a revenue gap, Nvidia's exceptional growth in AI and GPUs may propel its profits and valuation forward, potentially allowing it to surpass Apple. Analysts predict Nvidia's revenue could grow by 42% next year, while Apple's growth is projected at only 8%. If Nvidia maintains this growth trajectory, it could challenge Apple's position in the coming years.
Source: YAHOO