Nvidia is experiencing exceptional growth and has become the most valuable company on Earth.

From CNBC: 2024-07-07 08:44:00

In 2024, major tech giants such as Nvidia, Meta Platforms, and Alphabet have seen significant stock price increases, with a combined market cap of $15.6 trillion, equivalent to the Eurozone’s GDP.

Nvidia has experienced exceptional growth, becoming the most valuable company on Earth due to AI demand and GPU usage advantages over competitors.

Microsoft remains a top contender with adaptive tech strategies, integrating AI into software and diverse business segments for stability.

Investors are torn between investing in Nvidia or Microsoft, given Nvidia’s high valuation and Microsoft’s lower comparison. Both are expensive, but Nvidia’s soaring growth relies on maintaining momentum.

Stock Advisor analysts recommend 10 stocks for investment opportunities, excluding Microsoft, based on past success with Nvidia. Their service has significantly outperformed the S&P 500 since 2002.



Read more at CNBC: Better Megacap Stock: Nvidia vs. Microsoft