In June 30th 2024 I'll enter on https://companiesmarketcap.com/semiconductors/largest-semiconductor-companies-by-market-cap/ and check if Nvidia is world's most valuable semiconductor company by market value. If they are, this market will resolve to YES. Otherwise, it will resolve to NO.
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Nvidia has witnessed tremendous growth in recent years. just between 2020 and 2022, it moved from the 24th spot to the 6th spot (i.e 24th in 2020, 16th in 2021 and 6th in 2022) (PWC,2022). That is a growth rate of 33.3% percent in 2021 and 37.5% in 2022. Furthermore, the company has channelled its resources into AI and is producing most of the chips powering the AI technology. if NVIDIA leaps again next year with the type of growth rates I have calculated above, it may surely beat the likes of Apple and become the world's most valuable semiconductor company.