With a $5.2 trillion market capitalization, Nvidia (NASDAQ: NVDA) is the world’s largest company. It supplies the most widely used graphics processing units (GPUs) for data centers, which are the main chips used to power artificial intelligence (AI) development. Demand for this hardware is still growing rapidly, and currently far exceeds supply.
With a market cap of $4.8 trillion, Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) is the world’s second-largest company. It operates an incredibly diverse portfolio of tech businesses, including Google Search, Google Cloud, YouTube, and Waymo. The company has even entered the market for data center processors in an attempt to compete with Nvidia.
Will AI create the world’s first trillionaire? Our team just released a report on a little-known company, called an “Indispensable Monopoly,” providing the critical technology Nvidia and Intel both need.
Link: https://finance.yahoo.com/markets/stocks/articles/race-10-trillion-nvidia-vs-122900347.html