Since the second half of this year, the three major tech giants Apple, Nvidia, and Microsoft have been fiercely competing for the title of world market capitalization leader.
On Tuesday (December 3rd) local time, Apple's stock price hit a historic high, with its market value rising to $3.67 trillion, temporarily ranking first in the world. Following closely behind are Nvidia and Microsoft, with their latest market values of $3.43 trillion and $3.21 trillion respectively, at the same level as Apple.
Since the beginning of this year, Apple, Nvidia, and Microsoft have risen by 26.65%, 183.29%, and 15.53% respectively. The combined market value of these three companies has reached $10.31 trillion, accounting for almost 15% of the entire US stock market value. Analysts predict that the battle for a market value of $4 trillion next year will unfold between Nvidia, Apple, and Microsoft. From the current situation, all three giants have the possibility of breaking through $4 trillion first.
Dan Ives, Senior Stock Analyst and Global Head of Technology Research at Wedbush Securities, believes that despite external doubts, Apple's prospects are more optimistic than many people expected. He predicts that the sales of iPhone 16 will drive a super upgrade cycle driven by artificial intelligence, breaking the annual sales record for iPhones, attracting over 90 million users to upgrade their devices, and helping Apple reach a market value of $4 trillion by 2025.
But there are also opinions that Nvidia will be the first company with a market value of $4 trillion. Family Finance Office Navellier& Lewis Navillier, founder and chairman of Associates, believes that Nvidia has a "monopoly position" in the key artificial intelligence chip field, which will support Nvidia's continued growth in sales and profits in the coming years. As is well known, Huang Renxun is like the new Musk, becoming a fanatic idol, which will continue to attract more retail investors to buy his stocks.
Microsoft also has many supporters, who say that as a leading enterprise software company and one of the few hyper scale cloud platforms, Microsoft's revenue seems to be stable. As the demand for artificial intelligence computing continues to grow, the company is investing heavily in building Azure data centers, and as it also integrates AI functionality into its entire software suite, it should see strong capital returns. Its leading position in the vast market should eventually secure it in the $4 trillion market capitalization.