$NVIDIA Corp(NVDA)$ Apple's th-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$NVIDIA Corp(NVDA)$ Apple's throne as the most valuable company in the world was taken by Nvidia last Friday (25/10). This was driven by the surge in Nvidia shares which continued to break records due to high demand for super advanced artificial intelligence (AI) chips.

Nvidia's market value touched $3.53 trillion, slightly above Apple's $3.52 trillion, based on data from LSEG. Nvidia closed the trading day up 0.8%, reaching a market value of $3.47 trillion, while Apple shares also rose 0.4% with an enterprise value of $3.52 trillion.

However, based on the Companies Market Cap list until this news was released, Monday (28/10/2024), Apple has re-established its position as the most valuable company in the world with a market value of US$3.52 trillion. Meanwhile, Nvidia is in second place with a market value slightly below, namely US$3.47 trillion.

The founder and CEO of Nvidia, Jensen Huang, has become a rich man with a significant increase in wealth since AI's popularity skyrocketed in 2022. Currently, Huang's assets are estimated at US$123.5 billion (Rp. 1,943 trillion) according to the Forbes Real-Time Billionaires report. Huang is the 11th richest person in the world.

In June, Nvidia also became the most expensive company in the world before its position was snatched back by Microsoft and Apple. The market capitalization of these three technology companies has continued to compete closely over the past few months, with Microsoft currently valued at $3.18 trillion after seeing its shares rise 0.8%.

Nvidia has become a major supplier of processors for AI computing, making it the biggest winner in the competition between tech giants such as Microsoft, Alphabet and Meta Platforms to dominate this emerging technology.

In my opinion, there is nothing wrong with buying NVIDIA shares because it depends on each person's control. I myself just bought NVIDIA shares on October 25. NVIDIA is one of the world's AI giants that can compete with other giant companies such as Apple and Microsoft.

Can Nvidia Replicate Tesla's Post-Earnings Surge?

Nvidia will release earnings on November 20th. Revenue is expected to be $32.5 billion, plus or minus 2%. GAAP and non-GAAP gross margins are expected to be 74.4% and 75.0%, respectively, plus or minus 50 basis points. For the full year, gross margins are expected to be in the mid-70% range. ----------------- Is Nvidia the winner of big tech's AI rival? Will you add Nvidia before earnings? Can Nvidia beat and surge like Tesla did? Will Nvidia manage to meet the lofty expectations?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Revenue is expected to be $32.5 billion, plus or minus 2%.\nGAAP and non-GAAP gross margins are expected to be 74.4% and 75.0%, respectively, plus or minus 50 basis points. For the full year, gross margins are expected to be in the mid-70% range.\n-----------------\nIs Nvidia the winner of big tech's AI rival?\nWill you add Nvidia before earnings?\nCan Nvidia beat and surge like Tesla did?\nWill Nvidia manage to meet the lofty expectations?","image":"https://community-static.tradeup.com/news/244ac94e60e8daa892252cac8f86d331"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Apple's throne&nbsp;as the most valuable company in the world was taken by Nvidia last Friday (25/10). This was driven by the surge in Nvidia shares which continued to break records due to high demand for super advanced artificial intelligence (AI) chips.</p>\n<p>Nvidia's market value touched $3.53 trillion, slightly above Apple's $3.52 trillion, based on data from LSEG. Nvidia closed the trading day up 0.8%, reaching a market value of $3.47 trillion, while Apple shares also rose 0.4% with an enterprise value of $3.52 trillion.</p>\n<p>However, based on the Companies Market Cap list until this news was released, Monday (28/10/2024), Apple has re-established its position as the most valuable company in the world with a market value of US$3.52 trillion. Meanwhile, Nvidia is in second place with a market value slightly below, namely US$3.47 trillion.</p>\n<p>The founder and CEO of Nvidia, Jensen Huang, has become a rich man with a significant increase in wealth since AI's popularity skyrocketed in 2022. 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Nvidia closed the trading day up 0.8%, reaching a market value of $3.47 trillion, while Apple shares also rose 0.4% with an enterprise value of $3.52 trillion.</p>\n<p>However, based on the Companies Market Cap list until this news was released, Monday (28/10/2024), Apple has re-established its position as the most valuable company in the world with a market value of US$3.52 trillion. Meanwhile, Nvidia is in second place with a market value slightly below, namely US$3.47 trillion.</p>\n<p>The founder and CEO of Nvidia, Jensen Huang, has become a rich man with a significant increase in wealth since AI's popularity skyrocketed in 2022. Currently, Huang's assets are estimated at US$123.5 billion (Rp. 1,943 trillion) according to the Forbes Real-Time Billionaires report. Huang is the 11th richest person in the world.</p>\n<p>In June, Nvidia also became the most expensive company in the world before its position was snatched back by Microsoft and Apple. 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This was driven by the surge in Nvidia shares which continued to break records due to high demand for super advanced artificial intelligence (AI) chips. Nvidia's market value touched $3.53 trillion, slightly above Apple's $3.52 trillion, based on data from LSEG. Nvidia closed the trading day up 0.8%, reaching a market value of $3.47 trillion, while Apple shares also rose 0.4% with an enterprise value of $3.52 trillion. However, based on the Companies Market Cap list until this news was released, Monday (28/10/2024), Apple has re-established its position as the most valuable company in the world with a market value of US$3.52 trillion. Meanwhile, Nvidia is in second place with a market value slightly below, namely US$3.47 trillion. The founder and CEO of Nvidia, Jensen Huang, has become a rich man with a significant increase in wealth since AI's popularity skyrocketed in 2022. Currently, Huang's assets are estimated at US$123.5 billion (Rp. 1,943 trillion) according to the Forbes Real-Time Billionaires report. Huang is the 11th richest person in the world. In June, Nvidia also became the most expensive company in the world before its position was snatched back by Microsoft and Apple. The market capitalization of these three technology companies has continued to compete closely over the past few months, with Microsoft currently valued at $3.18 trillion after seeing its shares rise 0.8%. Nvidia has become a major supplier of processors for AI computing, making it the biggest winner in the competition between tech giants such as Microsoft, Alphabet and Meta Platforms to dominate this emerging technology. In my opinion, there is nothing wrong with buying NVIDIA shares because it depends on each person's control. I myself just bought NVIDIA shares on October 25. 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