.
Today, Feb 12, 2024, 2 days after CNY. MAN.
When will NVDA overtake AAPL?
1 Like
According a Forbes’ article dated Aug 27, 2021, Beth Kindig…
…believe Nvidia can surpass Apple by capitalizing on the artificial intelligence economy…
then…
…Nvidia has a market cap of roughly $550 billion compared to Apple’s nearly $2.5 trillion.
Current market cap of NVDA is $1.83T, less than $700B to $2.5T. Has to achieve this market cap by Aug 26, 2026… at this point, highly probable.
Many years ago, market is full of prediction that both NVDA and TSLA could overtake AAPL in market cap in 5-10 years’ time. Today, market cap of NVDA is 3x of TSLA and is less than $1T from AAPL’s…
…
1 Like
Nvidia market cap crossed 2T today. Now 0.7T away from Apple.
I think we will see Meta overtakes Google this year. About 400B gap.
AMD is also moving up. Just a matter of days before it overtakes Tencent, the most valuable tech company in China. No reason why AMD doesn’t climb up to Top 10. It’s much more of a tech company than Tesla.
However, like dominos falling, these market generals are topping out and diverging from the broad market. First Tesla in July of 2023, then Apple and Google in February have topped, and now Microsoft is not making a new high with the broad markets’ most recent run higher. The Magnificent 7 of 2023 have now become 2024’s Magnificent 3: Nvidia, Meta and Amazon. In this analysis, we look at the risks to the market’s recent rally from its narrow leadership.
Journalists have no content of material to talk about.
The market is either toppy (that is, impending correction, some think a crash) or broadening (that is, continue to rocket with consolidation). Just say this not beat around the f… bush about mag7.
Don’t think so. So far GOOG didn’t decline as much as META when it is unlike. One double I can believe. 5x like META? No way.
More from Kris…
Peak META.
Looking at 5 year price charts, noted that five of the FANGMANT made a new ATH since previous ATH in 2021:
AAPL (in correction), MSFT, META, NVDA (in correction), GOOG (new ATH today)
MSFT and META might have started correction.
TSLA, NFLX and AMZN are still trading below its 2021 ATH.
AAPL and TSLA are showing signs that their correction might be over. Let’s what happen over the next few weeks.
Laggard AMZN finally made a new ATH since its ATH in 2021. 2 days ago, GOOG has done similarly.
Laggard investors who bought AMZN and GOOG are well rewarded.
