Nvidia has become the first publicly traded company to reach a $4 trillion market valuation, marking a significant milestone in the AI-driven technology landscape. AI is considered the most significant technological shift since the introduction of the iPhone. At this valuation, Nvidia surpasses Apple by $900 billion, reflecting challenges Apple faces in enhancing its AI capabilities. Numerous tech giants are also significantly investing in AI, with $325 billion planned for this year, much of which is expected to benefit Nvidia due to its specialized chips.
Nvidia became the first publicly traded company to surpass a $4 trillion market valuation, reflecting the investor frenzy surrounding the artificial intelligence boom.
Nvidia is now worth $900 billion more than Apple, which was the first company to reach market valuations of $1 trillion, $2 trillion, and $3 trillion.
As Nvidia thrives, Apple struggles to deliver on its AI ambitions, pushing the timeline for improvements to at least next year.
Tech giants Microsoft, Amazon, Google, and Meta Platforms plan to invest about $325 billion in AI technology this year, with significant funds likely going to Nvidia.
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