HomeAbout

TL;DR CNBC


Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap - TL;DR CNBC

Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap

Publishing timestamp: 2024-06-22 08:30:01


Summary

Nvidia has become the most valuable publicly traded U.S. company, surpassing Apple and Microsoft, driven by demand for artificial intelligence chips. Despite its high valuation, Nvidia lacks brand recognition compared to its tech peers. However, competing surveys show that Nvidia's brand value is catching up. The company's primary focus was on designing chips for gaming, but now its AI chips are in high demand. Retail investors are increasingly holding Nvidia stock, and its brand awareness is growing rapidly.


Sentiment: MIXED

Tickers: MSFTINTCBMW-FFNVDAMCDDISAAPLGOOGLXOM7203.T-JPSSU-FFTMKOTSLANKENFLXAMZNHPESBUXDELLBMW-DE

Keywords: nvidia corptechnologyapple incmcdonald's corptesla incnike incbusiness newsbreaking news: technologydell technologies incmicrosoft corpunited statesintel corpexxon mobil corpalphabet inccoca-cola cosamsung electronics co ltdhewlett packard enterprise comobilebusinessbayerische motoren werke agnetflix incstarbucks corptoyota motor corpamazon.com incwalt disney co

Source: https://www.cnbc.com/2024/06/22/nvidia-is-little-known-despite-topping-3-trillion-in-market-cap.html


Developed by Leo Phan