Nvidia's stock growth and dominance in AI technology position it to overtake Apple by 2025

From Nasdaq: 2024-07-17 07:30:00

Nvidia’s stock has surged by 762% since the start of 2023, surpassing Apple in market cap. The chipmaker’s dominance in AI technology has led to major growth, outpacing competitors like AMD. Nvidia’s financial position and market share indicate it could overtake Apple in the near future. Will it happen by 2025?

Comparatively, Apple faces stiff competition in AI from Microsoft and Alphabet. While Apple has seen recent stock growth, Nvidia’s established position in AI hardware gives it a significant advantage. Market trends suggest Nvidia will maintain its lead in AI GPUs, making it challenging for competitors to catch up.

Apple’s recent decline in iPhone sales in China, along with competition from Huawei, highlight potential challenges. Nvidia, on the other hand, continues to expand its business and lead in AI technology. The Motley Fool Stock Advisor team suggests 10 other stocks for investors to consider, emphasizing potential for significant returns.

Considering Nvidia’s impressive growth and dominant position in AI, investing in the company could yield substantial returns. With a proven track record of success, including outperforming the S&P 500, Nvidia stands out as a promising investment opportunity. Investors should weigh the potential for long-term growth and success when considering Nvidia’s stock.



Read more at Nasdaq: Will Nvidia Be Worth More Than Apple by 2025?