Silver Overtakes Nvidia in Market Cap as Precious Metals Lead Global Assets | Investing.com

Silver Overtakes Nvidia in Market Cap as Precious Metals Lead Global Assets | Investing.com

By Investing.com
Publication Date: 2026-01-19 08:24:00

and take the lead on the global asset ranking.

Source:  www.companiesmarketcap.com

The Gold-to-Silver Ratio Plunged to 50, the Lowest in 14 Years

Currently, to buy an ounce of gold, it takes 50 ounces of silver, compared to 105 required in April 2015. Since then, gold prices have gone up 43% while silver prices have soared 186%. Gold has been outperformed by silver at record pace in decades.

Gold/Silver Ratio Chart

Source: Global Markets Investor

The AI Chip Boom Shows no Signs of Slowing

Taiwan Semiconductor Manufacturing (NYSE:) recorded a 35% year‑over‑year rise in net profit for Q4 2025, supported by strong growth in AI chip demand. The company has now delivered eight straight quarters of YoY profit growth. Simultaneously, revenue grew 21% YoY in Q4 of 2025, to $33.7 billion. Profits and revenue beat the estimations made by analysts. The revenue of 2025 climbed 32% YoY and overpassed $100bnas a historic first for the company. TSMC also projects record 2026 CapEx of $52-56bn, a 32% YoY increase aimed at expanding global manufacturing capacity.

TSMC Sales

Source: The Kobeissi Letter, Bloomberg

The Fed’s Renovation Cost Put Into Perspective

The cost of the renovation for The Fed’s headquarters was over the combined cost of: Penn State’s stadium renovation, Chicago’s Willis (Sears) Tower renovation, the Notre-Dame Cathedral fire restoration, MGM Grand’s 4,000 hotel room renovation, and the Rose Bowl’s 2028 Olympics upgrades.

Fed’s Renovation Cost

Source: Jeff Weniger

Big Wall Street Banks Are Reducing…