NVDA Will Surpass 🍎's Market Cap in Just ___ Days?
$NVIDIA Corp(NVDA)$ has generated exceptional returns for investors, with its share price soaring by 1,900% over the past five years, surpassing even $Apple(AAPL)$’s 317% return.
Following its latest surge, Nvidia's market cap stands at $2.130 trillion, slightly trailing behind Apple's $2.703 trillion.
However, Apple's stock has been declining in recent days due to the company missed AI trend.
Instead of “Magnificent 7”, some even called Nvidia as “Magnificent 1”.
NVDA will surpass Apple’s market cap in just ___ days?
According to Bloomberg's data, analysts have given $NVIDIA Corp(NVDA)$ a lowest target price of 840 and a highest target price of 1000 since March.
Three analysts have set $Apple(AAPL)$’s target price at 190 and 220 since March.
If Apple maintains its market value of $2.7 trln, Nvidia needs to rise another $240, reaching 1092, to surpass Apple's current market value.
If Apple continues to decline during this period, that day could come even sooner. If Apple falls to 160, Nvidia rising to $1000 would surpass Apple's market value.
But who knows? There is still a long way to go. Nvidia may pullback after hitting another all-time-high yesterday.
What’s your answer?
Nvidia will surpass Apple’s market cap in just ___ days?
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although $Apple(AAPL)$ has been dwindling, it still has a loyal fan's base to hold its business steady.
however, I would think it will come to pass that $NVIDIA Corp(NVDA)$ may surpass Apple if Apple does not buck up and perform...
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三位分析師已經確定$蘋果(AAPL)$自3月份以來，該公司的目標價分別爲190英鎊和220英鎊。
如果蘋果保持其2.7萬億美元的市值，英偉達需要再上漲240美元，達到1092，以超越蘋果目前的市值。
如果蘋果在此期間繼續下滑，那一天可能會更早到來。如果蘋果降到160，英偉達升至1000美元將超過蘋果的市場價值。
Nvidia has already made a dent in the market for AI inference chips. AI inference chips bode well for the company's future considering the massive opportunity in this space. The stock is trading at attractive forward multiples even though it has surged significantly in the past year. The company is getting a nice chunk of its revenue from a fast-growing niche in the AI semiconductor market.
On the other hand, Apple iPhone sales in China declined by 24% over the first six weeks of this year, pushing it to fourth among smartphone vendors in the country. The iPhone has struggled to replicate its usual success in China, in part because of wider market malaise.
because a pullback will happen in between
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