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Posted on 2/9/24 at 11:03 pm to I Love Bama
quote:
This now has a larger market cap than the entire stock market in China. lol
Well, China’s economy is crap and their real estate is tanking. Their market is dealing with deflation and off about 26% in the last year and 8% YTD. Meanwhile, NVDA has 85% - 95% market share of the most revolutionary technology since the internet was created. NVDA is going to continue to grow into a valuation that will have it as one of the top two or three businesses in the world in the next 24-36 months, likely no. 1.
NVDA is so strong people don’t even realize its biggest competitor. Most would guess it is AMD, but it’s actually Broadcom. Proof that there really is no competition.
This post was edited on 2/9/24 at 11:25 pm
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