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.
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Keywords: nvidia corp, technology, apple inc, mcdonald's corp, tesla inc, nike inc, business news, breaking news: technology, dell technologies inc, microsoft corp, united states, intel corp, exxon mobil corp, alphabet inc, coca-cola co, samsung electronics co ltd, hewlett packard enterprise co, mobile, business, bayerische motoren werke ag, netflix inc, starbucks corp, toyota motor corp, amazon.com inc, walt disney co,
Source: https://www.cnbc.com/2024/06/22/nvidia-is-little-known-despite-topping-3-trillion-in-market-cap.html