Nvidia Predicted to Surpass Apple and Microsoft Combined Market Cap by 2030
Nvidia (NVDA) could become the most valuable company in the world by 2030, with a projected market capitalization exceeding the combined $7.3 trillion valuation of Apple (AAPL) and Microsoft (MSFT). The AI chipmaker's dominance in GPU technology positions it as the backbone of the artificial intelligence revolution.
Hyperscalers are accelerating AI infrastructure spending, with Nvidia's GPUs serving as the computational workhorses for training large language models. The company's hardware excels at parallel processing, making it indispensable for AI workloads—a sector rapidly eclipsing its traditional gaming and crypto-mining applications.
Recent guidance increases from cloud providers suggest sustained demand. One hyperscaler revised its 2025 capital expenditure forecast upward by $10 billion, signaling continued investment in Nvidia's ecosystem. The chipmaker's valuation thesis hinges on this unrelenting AI arms race among tech giants.