Nvidia Tops 'Magnificent Seven' Stocks with Unprecedented Growth
The tech giant's dominance in the AI chip market propels it ahead of other leading technology companies over a five-year span.
- Nvidia leads the 'Magnificent Seven' stocks with a staggering 1,950% increase over the past five years, dominating the AI chip market.
- Tesla, despite recent slowdowns, has surged 881% over the past five years, with significant cash reserves for future innovations.
- Apple and Microsoft show robust growth, up 268% and 260% respectively, highlighting their strength in technology and investments in AI.
- Meta Platforms and Alphabet invest heavily in AI, driving their stocks up by 197% and 159% respectively.
- Amazon, although the lowest performer among the 'Magnificent Seven,' still doubled its value over five years, benefiting from a focus on AI and cloud services.