Another milestone, on February 14, Nvidia closed with a market capitalization of $1.82 trillion, surpassing Google to become the third largest company in the United States, followed by Microsoft and Apple, with a market capitalization of $3.04 trillion and $2.84 trillion respectively.
It is not difficult to find that due to the emergence of ChatGPT, the ranking of the status of American high-tech companies has been changed, not only Nvidia has surpassed Google, but also Microsoft has surpassed Apple.
To be sure, due to the strong rally of the two stocks, there are countless cases of investors getting off and getting on and off, including some well-known institutional investors, such as Sister Wood.
Especially since January 2024, Nvidia's stock price has soared by nearly 50% at the highest, and the rise is so rapid that it exceeds the expectations of most people. You must know that during this period of time, A-shares are still falling wildly. Microsoft's stock price has risen nearly 40% since the end of September 2023, and it is undeniable that the main investment line in the U.S. stock market in recent months is still in the direction of artificial intelligence.
With the stabilization of A-shares in the last few trading days before the Spring Festival, it is not ruled out that the artificial intelligence investment logic will return to A-shares in the future.
From the outside, the hype of artificial intelligence is burning the prairie again.
Catalyzed by NVIDIA, chip stocks are very excited, we take ARM's stock price performance as an example, the trend has been strong in recent trading days, only on February 8 and February 12, the two days rose 47.89% and 29.3% respectively!
On February 15, the first trading day after the Lunar New Year in the mainland Taiwan stock market, TSMC, the "king of Taiwan stocks", jumped up 7.89% and hit a record high.
In addition to the "exemplary rise" of Nvidia and Microsoft, there are also catalysts in the market.
A week ago, media reported that OpenAI CEO Altman was pushing through a trillion-dollar project to boost global chip manufacturing capacity. And according to people familiar with the matter, the plan could potentially raise between $5 and $7 trillion.
A few days ago, Xian Xian Finance also saw the news, when he saw such a huge amount, he didn't take it too seriously, after all, some news needs to be further verified, and there may be a big gap between the ideal and the reality, and at first I even wondered if it was an order of magnitude more than the media report.
However, judging from the performance of the external market, funds appear to be particularly impulsive. In addition, stocks such as Nvidia and Microsoft are in a long-term bull market, and it is not uncommon for funds to follow the trend and speculate on related concept stocks.
In fact, the mainstream view of the market is questioning the authenticity and feasibility of the amount of the plan. After all, this astronomical figure is beyond normal cognition.
Nvidia CEO Jensen Huang gave the observation that the total value of global data centers is about $1 trillion today, and this number will grow to $2 trillion in the next four to five years, and these data centers will become the driving force behind global software operations.
Huang gave a relatively objective, professional, and cognizable inference based on normal cognition in the industry.
It is difficult for us to come to a conclusion at present, a round of scientific and technological revolution is not only subversive, but often beyond the judgment of the vast majority of people, even professionals.
If at a certain moment, the vast majority of machines replace manual labor in all directions, which does require a lot of computing power chips, on the eve of the outbreak of the tuyere, no one knows how much energy this hurricane will produce, you can't use inherent thinking to infer the next technological revolution.
The more advanced the technology, the wider the scope of influence, the more concentrated the industry will be, and the larger the industrial volume. We look at the history of scientific and technological development in the past two decades, the era of personal computers has created Microsoft, and now artificial intelligence has empowered it again, Apple represented by smartphones has dominated the world's largest market capitalization company for many years, and the rise of e-commerce has had a significant impact on offline entities, and the current operating income and market value of these companies are dozens or even hundreds of times higher than the normal perception on the eve of the technological revolution.
If you look at the future of artificial intelligence from the past few waves of technology, Ultraman is obviously not bragging.