Reported 14 days ago
As Apple faces stagnating growth due to its mature smartphone market, Nvidia emerges as a strong competitor poised to surpass it in market value over the next decade. With explosive revenue growth driven by its dominance in AI chips and expansion into lucrative markets, Nvidia's earnings are projected to grow at a staggering compound annual growth rate of 52%, significantly outpacing Apple's expected 11% growth. This shift hints at a potential future where Nvidia not only catches up to but overtakes Apple in overall market capitalization.
Source: YAHOO