TECH - Big Tech's Next Milestone Is The $4 Trillion Market Cap | Benzinga
Big Tech is racing towards a milestone that would have seems impossible only a few decades ago, a market capitalization of $4 trillion.
Nvidia Corporation (NASDAQ: NVDA), Microsoft Corporation (NASDAQ: MSFT) and Apple Inc (NASDAQ: AAPL) are members of the $3 trillion market cap club, with Google-parent Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) and Amazon.com Inc (NASDAQ: AMZN) having only surpassed the $2 trillion milestone.
Nvidia could win the $4 trillion race.
With even more powerful chips on the way, the AI boom could be that powerful to drive Nvidia to $4 trillion valuation. For a moment, Nvidia even became the world’s most valuable company on June 18th. But, Nvidia got dethroned quickly due to concerns over the sustainability of its skyrocketing growth. On the other hand, Microsoft and Apple are ahead in terms ...