Summary: Prediction that Apple, Microsoft, and Alphabet will surpass Nvidia in market cap by 2034.
From Nasdaq: 2024-06-15 05:50:00
1. In 2034, Apple (NASDAQ: AAPL) is predicted to once again hold the position of the world’s largest company. With advances in generative AI, Apple’s services business is expected to thrive, potentially sparking a new iPhone upgrade super cycle.
2. Microsoft (NASDAQ: MSFT) is expected to remain larger than Nvidia in 2034, thanks to its partnership with OpenAI and advancements in large language models. The company’s cloud unit is projected to benefit from a variety of AI chips, including custom silicon.
3. Alphabet (NASDAQ: GOOG, GOOGL) is anticipated to surpass Nvidia in terms of market cap by 2034. With cutting-edge advancements in AI, quantum computing, and initiatives like Google DeepMind and Waymo, Alphabet is poised to be a dominant player in the tech industry.
Read more at Nasdaq: Prediction: 3 Stocks That Will Be Worth More Than Nvidia 10 Years From Now