$NVDA Here’s Why Nvidia Will Surpass Apple’s Valuation In 5 Years
Beth Kindig12:24am EDT
Consumer Tech
Beth Kindig publishes a free newsletter at https://io-fund.com
In this photo illustration a Nvidia logo seen displayed on a... In this photo illustration a Nvidia logo seen displayed on a...
POLAND - 2021/02/05: In this photo illustration a [+]
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Nvidia has a market cap of roughly $550 billion compared to Apple’s nearly $2.5 trillion. We believe Nvidia can surpass Apple by capitalizing on the artificial intelligence economy, which will add an estimated $15 trillion to GDP. This is compared to the mobile economy that brought us the majority of the gains in Apple, Google and Facebook, and contributes $4.4 trillion to GDP. For comparison purposes, AI contributes $2 trillion to GDP as of 2018.
While mobile was primarily consumer, and some enterprise with bring-your-own-device, artificial intelligence will touch every aspect of both industry and commerce, including consumer, enterprise, and small-to-medium sized businesses, and will do so by disrupting every vertical similar to cloud. To be more specific, AI will be similar to cloud by blazing a path that is defined by lowering costs and increasing product