Nvidia Beats Apple to $4 Trillion Market Value

[MacRumors]

Nvidia today became the first public company to hit a $4 trillion market value as shares briefly rose to $164. Stock has dropped back to around $163 per share, so the company is now hovering at the $3.9T mark.

Apple became the world's first $3 trillion company in January 2022, and it was at one point the
world's most valuable public company, but it has been unable to maintain that position with competition from Nvidia and Microsoft.

Nvidia first hit the $3 trillion mark in June 2024, and it's at the $4 trillion mark just over a year later. Nvidia is now the world's most valuable publicly traded company, with Microsoft taking second place and Apple coming in third.

Microsoft has a market value of $3.74T, while Apple has a $3.14T market value. Microsoft is expected to hit the $4T mark ahead of Apple. Amazon, Alphabet, and Meta have market values of $2.36T, $2.15T, and $1.84, respectively.

Nvidia's value has soared over the last few years due to demand for its AI server chips.

Article Link: Nvidia Beats Apple to $4 Trillion Market Value

 

[Radeon85]

Nothing to be proud of, Nvidia is milking the hell out of the consumer GPU's with ridiculously overpriced cards that should be around half of what they are.

 

[TechRunner]

The race to be the most trillionaire of trillionaires. Yawn.

 

[Apple Knowledge Navigator]

Not surprised. That Switch 2 SoC is a mini marvel by the looks of it.

 

[omenatarhuri]

Only needs to go up 25% to hit 5 trillion. That’s nothing.

 

[BelgianChoklit]

The AI bubble makes Nvidia worth more than it's actually worth. And the tarriffs are hitting Apple hard as it's a products company.

 

[breenmask]

Never forget that Tim Cook fired Scott Forstall (who got a degree with a concentration in AI) before the AI revolution.

B I G mistake

 

[WilliApple]

Guys its my fault…
I sold my Apple stock

 

[NT1440]

The global economic house of cards that is being propped up by the AI “boom” is going to fall spectacularly.

“Demand” for AI datacenters (NVidia’s cash cow) is based on entirely illusionary business models as THERE IS NO PROFIT IN AI’s.

Trillions of dollars of infrastructure is being wasted on this long con.

 

[rafark]

Nothing to be proud of, Nvidia is milking the hell out of the consumer GPU's with ridiculously overpriced cards that should be around half of what they are.

This has very little to do with consumer hardware. This valuation seems to be related to ai

 

[macbookj0e]

Don’t forget they did well with crypto mining GPU’s also

 

[LeeW]

Love seeing the fanboys feeling hurt by this

 

[picpicmac]

For those who don't know, "market value" is the result of gambling.

That so many people mistake the gambling market for a company's true productivity and value is a sign of our current societal malaise.

That out of the way, Nvidia has found itself a market (AI) that is much wealthier than the gamers of old.

 

[Sami13496]

Microsoft apparently owns part of OpenAI? Copilot runs on ChatGPT under the hood, and soon Copilot will be built into all Microsoft products. Meanwhile, Apple is busy making thinner phones and a new Apple Pencil. Apple is becoming the new Philips or Nokia.

 

[Devyn89]

Nothing proves how fake capitalism is more than the stock market which is essentially a graph of rich peoples feelings and we all get to have our lives revolve around it 🙃

 

[Falco McGregor]

Never forget that Tim Cook fired Scott Forstall (who got a degree with a concentration in AI) before the AI revolution.

B I G mistake

Scott Forstall was fired because Jony Ive couldn't stand working with him and Ive was the biggest rockstar the company couldn't afford to lose immediately following Jobs' death. In 2012, Cook would have been nuts to pick Forstall over Ive. There's a reason Forstall never found notable employment in tech again after Apple and now produces Broadway musicals.

 

[Pezimak]

Good God, a disgusting display of wealth is all I have to say. Capitalism at its finest. But I guess Nvidia is busy building the replacement for human jobs, which will be interesting when it comes to taxation and millions unemployed.

The AI boon will soon be stopped once government comes stuck in how to raise money to run their countries, IMO.

 

[Sami13496]

The value of a stock in the market is based on what investors believe it’s worth, which often comes down to expectations about the company’s future.

I would argue that the high valuation of Nvidia and Microsoft is partly driven by the AI hype and the fact that both companies currently appear to be ahead in the AI space, unlike Apple.

If Apple joins the AI race as strongly as Nvidia and Microsoft, its stock valuation could rise. On the other hand, if Nvidia’s and Microsoft’s AI efforts turn out to be more hype than substance, their valuations could decline.

 

[Techwatcher]

Nothing to be proud of, Nvidia is milking the hell out of the consumer GPU's with ridiculously overpriced cards that should be around half of what they are.

Ok, but people are buying it. They hit 4 Trillion. The end.

 

[ethanwa79]

A lot of clueless comments in here. AI isn’t a bubble. Nvidia isn’t milking the gaming market. The market demand for Nvidia chips is real and not going away any time soon.

 

[DelayedGratificationGene]

Good so now the Global Feds can start looking at Nvidia

 

[Plutonius]

Apple is doomed .

 

[Edsel]

Imagine if someone said they would give you $4 trillion dollars if, you could spend $2 Trillion in 24 hours. What would you spend the $2 Trillion on? How many Starbuck's "Sexagintuple Vanilla Bean Mocha Frappuccino" ($54.00/serving) could you buy with $2 Trillion?

 

[kizh]

misposted headline.

all I was saying was a maxed spec'd Mac M3 Studio can run deep mind now, no servers at 200w. what do you think the m5 ultra studio can do. they need a lot of video memory and apple's multi use memory counts. for running a LLM at home it seems like a good niche for apple to grow into

 

[coffeemilktea]

Unsurprising that Nvidia got there first, given that they actually still innovate, as opposed to just resting on their laurels and coasting on their reputation of making really cool products once upon a time.