Nvidia becomes the global queen of the stock market: surpassing Microsoft and Apple

Nvidia becomes the global queen of the stock market: surpassing Microsoft and Apple
Nvidia becomes the global queen of the stock market: surpassing Microsoft and Apple

Finance

The group has a capitalization of 3,326 billion dollars: on the stock market it becomes the largest in the world for the first time. And there are those who predict that it will reach 5 thousand.

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Nvidia is not slowing down its stock market run. The boom in artificial intelligence has made the stock soar by over 200% in a year and right now, for the first time, it has given the group the scepter of the most valuable company in the world. With a capitalization that reached 3,326 billion dollars in the afternoon, Nvidia has in fact surpassed Microsoft (3,321 billion) and Apple (3,277 billion) for the first time. And the most bullish analyst surveyed by Bloomberg (Hans Mosesmann of Rosenblatt Securities) even predicts that the semiconductor giant could reach the peak of 5 trillion in capitalization next year.

The analyst raised the price target from 140 dollars per share to 200. But Mosesmann is not the only one in love with Nvidia: among those surveyed by Bloomberg, there are 64 who recommend buying the shares (because they foresee further increases), 7 who recommend holding them (because they are moderately positive) and only one who recommends selling them. We’ll see if they’re right.

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