Opinion | The author's opinion does not necessarily reflect Sarah Palin's view.
Nvidia Corporation, a California-based tech firm, surpassed Apple and Microsoft to become the world’s highest-valued company with a market capitalization of $3.329 trillion.
The company’s rise in value is attributed to its strong position in AI technology, leading to consistent over-performance and investor optimism about the future of AI.
“It’s Nvidia’s market; we’re all just trading in it,” Steve Sosnick of Interactive Brokers LLC said.
Despite its success, some caution that any misstep could lead to a significant stock correction, urging investors to remain vigilant.
“Nvidia has been getting a lot of positive attention and has been doing a lot of things very correctly, but a small misstep is likely to cause a major correction in the stock, and investors should be careful,” Wealthspire Advisors’ Oliver Pursche said.
