Prediction: This Hypergrowth Stock Will Be the First $10 Trillion Stock (Hint: It's Not Nvidia)

Nvidia is currently the largest company in the world with a market cap of $4.5 trillion. Given Nvidia's dominance in the global artificial intelligence (AI) semiconductor space and the billions of dollars that are going to be spent on building out AI data center infrastructure in the long run, it is easy to see why there are murmurs on Wall Street that it has the potential to achieve a $10 trillion market cap.It won't be surprising to see Nvidia indeed reaching that mark thanks to its solid moat and the $5.2 trillion that's expected to be invested in AI data centers over the next five years. However, investors should also account for the rising competition that Nvidia is likely to face from competitors such as Broadcom, AMD, and others in the AI chip market, which could pose challenges in the company's quest to achieve a $10 trillion market cap.Moreover, there's another company that's currently way smaller than Nvidia but is showing signs of breaching the $10 trillion mark before the chip giant. Let's take a closer look at that name.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool