Will Nvidia Be Worth More Than Microsoft by 2030?
Microsoft (NASDAQ: MSFT) is the world's second-largest company in terms of market capitalization, valued at $3 trillion as of this writing. The stock's impressive 67% jump in the past year -- fueled by its artificial intelligence (AI) prospects -- has played a key role in helping the tech giant reach that position.
However, Nvidia (NASDAQ: NVDA) has witnessed a much bigger jump in its market cap over the same period. It is now the sixth-largest company in the world, valued at $1.5 trillion, up from less than $500 billion a year ago. Microsoft, for comparison, was valued at $1.8 trillion a year ago. The following chart shows the magnitude by which Nvidia's market cap jump has outpaced Microsoft's over the past year.
Source Fool.com
Microsoft Corp. Stock
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