The last time that we covered a big valuation milestone, it was Apple passing the $3 Trillion mark. This week, they passed the $4 Trillion, however, that wasn’t the big news. A day later, fueled by the huge usage of chips in AI and crypto, Nvidia passed the $5 Trillion mark for a short while. As an aside, the top 7 are all tech companies… Microsoft around 4 running neck and neck with Apple, Alphabet a bit over 3, and Amazon sitting at 2 1/2. It’s an interesting world from what I grew up in, where tech was the fascination of nerds and geeks. Today, it’s completely different, and that shows where our future is going…
A dizzying AI-fueled market rally has prompted some to raise the alarm on fears of a bubble.
Source: Nvidia becomes first company to reach $5 trillion valuation, fueled by AI boom
