Prediction: 2 AI Stocks Will Be Worth More Than Apple Stock by the Year's End in 2025
Currently, Apple is the most valuable publicly traded company, with a market value of $3.6 trillion. However, the average target prices set by Wall Street analysts imply Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT) will surpass that figure in the next year, which gives the companies a good shot at topping $3.6 trillion before the end of 2025.Here is what investors should know about these artificial intelligence stocks.Nvidia dominates the market for data center graphics processing units (GPUs), semiconductors used to accelerate complex workloads like scientific computing and artificial intelligence (AI). Analysts estimate Nvidia GPUs account for more than 80% of AI accelerator sales. And AI accelerator spending is projected to increase at 29% annually through 2030, according to Grand View Research.Continue reading
Currently, Apple is the most valuable publicly traded company, with a market value of $3.6 trillion. However, the average target prices set by Wall Street analysts imply Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT) will surpass that figure in the next year, which gives the companies a good shot at topping $3.6 trillion before the end of 2025.
Here is what investors should know about these artificial intelligence stocks.
Nvidia dominates the market for data center graphics processing units (GPUs), semiconductors used to accelerate complex workloads like scientific computing and artificial intelligence (AI). Analysts estimate Nvidia GPUs account for more than 80% of AI accelerator sales. And AI accelerator spending is projected to increase at 29% annually through 2030, according to Grand View Research.
