Prediction: This Artificial Intelligence (AI) Stock Will Join Nvidia, Meta Platforms, Apple, Microsoft, Amazon, and Alphabet in the Trillion-Dollar Club By The End of The Decade
The trillion-dollar club could be joined by an emerging cloud infrastructure player in the coming years.
Right now, the six most valuable technology companies in the world as measured by market capitalization are:
Outside of these tech behemoths, chip leaders Taiwan Semiconductor Manufacturing and Broadcom, as well as electric vehicle (EV) manufacturer Tesla, are all within a 15% move of achieving a trillion-dollar valuation. What's notable about these three specific companies is that each once boasted a valuation north of $1 trillion but recently fell out of the club during the ongoing market sell-off.
The next largest mainstream artificial intelligence (AI) company outside of big tech is Oracle (NYSE: ORCL), which currently boasts a market cap of $435 billion. Over the last three years, Oracle stock has generated a total return of 98% -- about threefold the gains witnessed across both the S&P 500 and Nasdaq Composite.
