Nvidia Poised to Become First Company with $4 Trillion Market Cap: Insights from Lumida CEO

Reported about 1 month ago

According to Ram Ahluwalia, CEO of Lumida Wealth Management, Nvidia is set to be the first company to achieve a $4 trillion market capitalization by capitalizing on the AI boom and strong demand for its GPU chips. Ahluwalia believes Nvidia's stock could reach $150 by the end of 2024, driven by significant investments from hyperscalers, and attests to its leading position in the 'Magnificent Seven' alongside Alphabet and Meta.

Source: YAHOO

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