AI Helps Create the World's Most Valuable Company: Vijay Talks to the National News
LONG: $NVDA 🤑
How Nvidia’s share rally propelled it to become world’s most valuable company as AI booms
Chip maker’s market cap exceeds $3.4 trillion, ahead of Microsoft and Apple
Alkesh Sharma
“Nvidia is extremely well placed at least for the next couple of years as demand continues to explode and it seems we are still early in the phase-shift to AI … It is not easy to compete with them anytime soon,” Vijay Marolia, chief investment officer at Orlando-based Regal Point Capital management, told The National.
“Now that the stock has split, I expect more demand from smaller investors … the stock just needs to increase by a bit over 21 per cent to get the market cap to $4 trillion. I would not be surprised if this happens within 12 months.”
#NVDA #Long
