Comparing Cisco rise with Nvidia is meaningless. Cisco was primarily network devices and softwares which can be easily copied and replicated by other companies. But Nvidia has a strong MOAT around their business. Their hardware and software ecosystem cannot be easily copied.
Nvidia’s Ascent to Most Valuable Company Has Echoes of Dot-Com Boom
Nvidia has become the U.S.'s most valuable listed company because of the demand for its artificial-intelligence chips, leading a tech boom that brings back memories of one from earlier this century.Nvidia's chips have been the workhorses of the AI boom, essential tools in the creation of sophisticated AI systems that have captured the public's imagination with their ability to produce cogent text, images and audio with minimal prompting.Cisco was riding the wave of a different revolution -- the internet -- where its products powered that budding industry. Like Nvidia, Cisco also surpassed Microsoft to become the most valuable company.Nvidia, a 31-year-old company, became the world's most valuable firm on Tuesday. The stock closed at $135.58, giving the chip maker a valuation of $3.335 trillion, just above Microsoft at $3.317 trillion.The stunning rise has won plaudits from analysts who agree with Chief Executive Jensen Huang's assertion that AI is the foundation of a new industrial rev
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.
