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Nvidia’s $5 Trillion Milestone
Nvidia has become the first company to exceed a $5 trillion market cap, driven by surging demand for AI infrastructure.
Amazon’s Growth Potential
Amazon, currently valued at approximately $2.6 trillion, is being considered a strong candidate to follow Nvidia into the $5 trillion club due to its robust growth metrics. In its recent earnings report, Amazon reported a 20% year-over-year revenue growth in its AWS business, a 24% increase in advertising revenue, and a $7 billion rise in its full-year capital expenditures forecast, which now totals $125 billion.
Market Context
Despite Amazon ranking as the fifth-largest company, its investment in infrastructure is expected to yield significant returns, particularly in a cloud computing market projected to reach nearly $2.4 trillion by 2030. In comparison, Apple, Microsoft, and Alphabet are currently valued at approximately $4 trillion, $3.8 trillion, and $3.4 trillion, respectively.
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