Microsoft, for its part, is also seen as an early AI winner given its investment and partnership with OpenAI, which created ChatGPT. And, this week, Apple shares rallied after the iPhone maker finally unveiled its plan for using the technology, appeasing investors at long last.
“We believe over the next year the race to $4 Trillion Market Cap in Tech will be front and center between Nvidia, Apple, and Microsoft,” Daniel Ives analyst at Wedbush Securities wrote in a note.
Investors and Nvidia Chief Executive Officer Jensen Huang argue that Nvidia is more than a chipmaker. “They’re not just selling chips, they’re selling systems,” Michael Lippert, vice president and portfolio manager at the Baron Capital , said in an interview, pointing to the company’s proprietary software and development ecosystem.
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