Previous close | 326.59 |
Open | 323.09 |
Bid | 0.00 x 900 |
Ask | 0.00 x 1100 |
Day's range | 323.01 - 333.17 |
52-week range | 112.46 - 342.92 |
Volume | |
Avg. volume | 19,457,395 |
Market cap | 855.121B |
Beta (5Y monthly) | 1.20 |
PE ratio (TTM) | 29.42 |
EPS (TTM) | 11.31 |
Earnings date | 30 Jan 2024 - 05 Feb 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 372.40 |
As millennials and Gen Z-ers inherit an estimated $60 trillion in wealth in the coming decades, these are the brands they may be inclined to spend on.
Every company in the $1 trillion club is investing heavily in artificial intelligence (AI). Apple (NASDAQ: AAPL) touted several AI-powered features in its latest iOS update and new iPhone release. Amazon (NASDAQ: AMZN) is the leading cloud computing platform, and it just unveiled its new Trainium 2 chip design to enable developers to train their large language models while using less computing power.
The market for artificial-intelligence (AI) accelerators is dominated by Nvidia (NASDAQ: NVDA). The company reportedly sold half a million AI GPUs in the third quarter, with more than half of that total going to Microsoft and Meta Platforms. Nvidia's H100 GPUs are a hot commodity, with AI companies scrambling to secure enough accelerators to tap into soaring demand for AI services.