Perhaps in the foreseeable future Apple will be able to catch up.
Nvidia's capitalization reached $2.188 trillion. That makes it the third most valuable publicly traded company in the world, behind only Microsoft and Apple.
It is noteworthy that over the past month, Apple's capitalization has been declining almost continuously, while the value of Nvidia shares, on the contrary, has been growing. Perhaps in the foreseeable future, Nvidia will still take second place in the top: for this, its capitalization must increase by another $448 billion.
Nvidia's share price is soaring for the second year in a row, driven by interest in artificial intelligence and large language models. To work with AI, accelerators and video cards are required, a significant part of which is purchased from Nvidia.
And here's another story
Thanks to interest in the company's accelerators, Nvidia has sharply increased its revenue and profit. Over the last financial year, the company's profit grew almost 7 times, and most of the growth was provided by AI solutions.
It's noteworthy that almost all of Nvidia's major AI customers, such as Google and Microsoft, are working on their own chips to speed up their respective calculations. Perhaps after some time the number of buyers of Nvidia products will decrease and the company's capitalization will go down.
This is interesting