Nvidia Just Became the World's Most Valuable Company, Ahead of Apple. Here's What Happens Next.

Nvidia (NASDAQ: NVDA) has reached many milestones this year, from soaring past $1,000 a share to being invited into the Dow Jones Industrial Average. The latest achievement for the top chipmaker is surpassing Apple to become the world's most valuable company at $3.57 trillion. This already happened once earlier in the year -- but it didn't last.Will Nvidia stay ahead this time? Demand for Nvidia's artificial intelligence (AI) chips is strong, the general AI market is set to climb from $200 billion to $1 trillion this decade, and Nvidia has a big catalyst right around the corner -- the launch of its new Blackwell architecture. All of that is positive and supports the idea of Nvidia staying on top. That said, Nvidia shares have climbed more than 190% so far this year and 2,700% over the past five years.If the stock price stagnates at any point, taking a break after a long string of gains, Apple could easily pull ahead -- especially since growth is far from over at the smartphone giant. Any potential snafu in Nvidia's Blackwell launch also could hold the stock back. Let's take a closer look at the details and consider what may happen next.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool