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Nvidia Just Rejoined Apple and Microsoft in the $3 Trillion Club. Could It Become the First $4 Trillion Stock by 2026?
Nvidia (NASDAQ: NVDA) first reached a market cap of $3 trillion in June 2024. The giant GPU maker remained above the threshold throughout much of the next eight months before a steep sell-off this year.However, Nvidia just rejoined Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) in the $3 trillion club. Could it even become the first $4 trillion stock by 2026?What did Nvidia do to bounce back? Nothing on its own. To understand the stock's rebound, we need to first understand why it fell in the first place.Continue reading
Nvidia (NASDAQ: NVDA) first reached a market cap of $3 trillion in June 2024. The giant GPU maker remained above the threshold throughout much of the next eight months before a steep sell-off this year.
However, Nvidia just rejoined Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) in the $3 trillion club. Could it even become the first $4 trillion stock by 2026?
What did Nvidia do to bounce back? Nothing on its own. To understand the stock's rebound, we need to first understand why it fell in the first place.
