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  • 5 months ago
Nvidia became the first company in history to reach a $4.3 trillion market cap on Monday, according to Benzinga. In a post on X, The Kobeissi Letter called Nvidia’s latest figures “absolutely insane” after the company’s stock rose 1.87% to close at $176.75 on Monday. The chipmaker's market cap surge to $4.3 trillion puts it $500 billion ahead of Microsoft, the world’s second-largest public company. The post suggests Nvidia’s stock could keep rising, as the AI revolution is still in its early stages. Investor James Anderson said Nvidia’s market cap could potentially reach $50 trillion within a decade if its AI leadership remains strong and widely adopted. Wedbush’s Dan Ives said the AI-driven tech bull market is just beginning and predicted Microsoft and Nvidia could hit $5 trillion valuations within 18 months. A Benzinga poll found that 75% of readers expect Nvidia to be the first company to reach a $5 trillion market cap, far ahead of Microsoft at 8%.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03NVIDIA became the first company in history to reach a $4.3 trillion market cap on Monday,
00:07according to Benzinga. The Post.x and the Kobayashi letter called NVIDIA's latest figures
00:12absolutely insane, as the company's stock rose 1.87% to close at $176.75 on Monday.
00:20Chipmaker's market cap surged at $4.3 trillion puts in $500 billion out of Microsoft,
00:25the world's second largest public company. Post suggests NVIDIA's stock could keep rising
00:30as the AI revolution is still in its early stages. Investor James Anderson said NVIDIA's market cap
00:35could potentially reach $50 trillion in a decade if its AI leadership remained strong and widely
00:40adopted. Wedbush's Dan Ives said the AI-driven tech bull market is just beginning, predicting
00:45Microsoft and NVIDIA could hit $5 trillion valuations within 18 months. The second poll found that 75%
00:52of readers expect NVIDIA to be the first company to reach a $5 trillion market cap,
00:56far ahead of Microsoft at 8%. For all things money, visit Benzinga.com.
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