Reported 3 months ago
Nvidia has reached a market capitalization of $3 trillion due to its leadership in graphics processing units, crucial for AI advancements. However, slowing growth may diminish its valuation, allowing other companies like Taiwan Semiconductor Manufacturing (TSMC) and Tesla to potentially outpace Nvidia. TSMC, with a current market cap of around $900 billion, could benefit if Nvidia's valuation compresses, while Tesla's self-driving technology could skyrocket its market cap significantly if successful.
Source: YAHOO