Prediction: Dual-Industry Leader to Overtake Nvidia as Wall Street’s Most Valuable by 2030
Wall Street's bull market has dominated for nearly two decades, with brief interruptions from the COVID-19 crash and 2022's bear market. The driving force behind this resilience lies in trillion-dollar corporations—Nvidia, Apple, and TSMC among them. Only 11 companies have ever breached the $1 trillion valuation mark, with 10 trading on U.S. exchanges.
Nvidia currently leads as the most valuable public company, boasting a $4.3 trillion market cap and pioneering the $4 trillion milestone. Yet its supremacy faces challenges. Another 'Magnificent Seven' member is poised to surpass Nvidia, potentially eclipsing Apple and Microsoft in the process. The AI titan's trajectory toward $6 trillion isn't guaranteed, as competition intensifies among tech giants.