Will Nvidia Be Worth More Than Apple by 2026?
Nvidia (NASDAQ: NVDA) has been a hot stock in 2021 as shares of the graphics card specialist have shot up around 135%, eclipsing bigger names such as Apple (NASDAQ: AAPL). Thanks to its terrific rally, Nvidia now has a market capitalization of just over $766 billion.
Apple, on the other hand, has a market cap of $2.5 trillion, making it a much bigger entity than Nvidia despite the iPhone maker's underperformance on the stock market in 2021. However, it is worth noting that Nvidia's market cap has increased at a much faster pace than Apple's over the past five years. Let's see why this has been the case.
Source Fool.com