TECH - As Nvidia Closes In On Apple's Market Cap Munster Explains Why Cupertino Could Generate Better Returns Over Next Year | Benzinga
Nvidia Corp.‘s (NASDAQ:NVDA) leadership in the hot-and-happening artificial intelligence technology has added mass to its market capitalization, which is approaching the coveted $3 trillion mark. A tech venture capitalist on Monday Apple, Inc. (NASDAQ:AAPL), which is slightly ahead of Nvidia in terms of market capitalization could be a better investment option for a one-year timeframe.
What Happened: Nvidia’s market cap may continue to swell over the next year, says Deepwater Asset Management’s Gene Munster. The view is in line with his previous prediction that the AI bubble will last for about three to five years.
Nvidia currently has a market cap of $2.829 ...