Nvidia Has Gained Over $1 Trillion in Market Cap in 2024. Can It Do It Again to Surpass Microsoft and Apple to Become the Most Valuable Company in the World?

After gaining 239% in 2023 to become the best-performing component of the S&P 500, Nvidia (NASDAQ: NVDA) has sustained its momentum so far this year. The stock has nearly doubled — gaining over $1.1 trillion in market cap year to date — and 2024 isn’t even halfway over.

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