Stock markets in the U.S., Japan, and Taiwan hit new highs. TSMC’s market value is $920 billion, ranking 7th among U.S. stocks. There are all kinds of new historic highs.
The seven golden U.S. stocks are Microsoft ($3.33 trillion), Apple ($3.32 trillion), Nvidia ($3.22 trillion), Google ($2.2 trillion), Amazon ($1.92 trillion), Meta ($1.29 trillion), and Berkshire Hathaway ($880 billion). Their total market value is $16.16 trillion.
Nvidia surpassing Microsoft to become number one in the world may just be a matter of time!!!
How powerful is AI? The king stock Nvidia rose more than 5 times in 2 years and over 300 times in 10 years. This year, it accounts for 1/3 of the S&P 500’s gains. Other companies like Microsoft, Apple, Google, Amazon, and Meta are all AI-related too.
In the S&P 500, 100 stocks gained over 400%. Of those 100, the top 5 gainers outperformed the remaining 95. So calling the U.S. stock market bubble an “AI bubble” is not an exaggeration.
