18 June 2024 link tech ai finance

🐿️ Nvidia overtakes Microsoft as most valuable stock in the world — Yahoo Finance

Nvidia first crossed a $1 trillion market cap on June 13, 2023. The stock advanced north of $2 trillion on March 1, and then rapidly crossed the $3 trillion mark for the first time on June 5. The company’s advance from a $1 trillion to a $3 trillion market cap was the fastest on record.

Betting on the foundational elements of what we use everyday is always smart. I do think the AI bubble will burst, but I’m not sure how that would effect Nvidia. Their chips and computer prowess will underpin any technological advancement outside AI or not.

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