US stock market bull run in the last couple of years, and also because of its exploding AI chips demand across the world. Nvidia emerged as the most valuable company for some time, surpassing Apple, but Steve Jobs' company later took back the lead spot in terms of market cap.
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However, many are claiming that Nvidia could regain the top spot as the most-valued company and reach the $5 trillion market cap sometime later. However, a majority are placing other alternatives on the table.
If the legacy and trend of the US stock market are referred to, the companies who have suddenly sprinted to the top of the table in a short span of time are not able to maintain their lead, as their growth may have happened due to some short-term factors, increasing its demand.
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If the AI overhype were to die down, Nvidia could lose its position, and so could Apple if the revenue from its iPhone sales were to suddenly recede in the next couple of years.
If reports are to be believed, the best shot of reaching the $5 trillion market cap currently lies with Amazon, which is just not any other online marketplace, but its growth potential, especially the cash flow, originates
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