NVIDIA Corp. has achieved a market capitalization of $3 trillion, surpassing Microsoft briefly. However, the company’s brand recognition does not match its market value, as it is not listed among the top iconic brands globally. Despite strong growth fueled by demand for its GPUs in AI, Nvidia lags in brand strength on Main Street. This could limit its value despite its high market cap. Nevertheless, Nvidia’s brand value is rising and it ranked sixth in the top 100 global brands list by KantarZ Brand. The company’s CEO, Jensen Huang, has been selling shares amid concerns about future profits. Veteran tech investor Pablo Wick has raised doubts about Nvidia’s growth prospects, while SoftBank’s Masayoshi Jr. regretted selling the company’s stake. Nvidia shares closed at $126.57 after a 3.22% drop.
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https://www.benzinga.com/markets/equities/24/06/39449022/nvidias-brand-recognition-lags-behind-apple-microsoft-despite-leading-ai-revolution-and-market-c
Despite Leading AI Revolution and Market Capitalization Crossing $3 Trillion, Nvidia’s Brand Recognition Still Trails Behind Apple and Microsoft – Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA)
