Nvidia has increased by 28% this year, becoming the market cap leader at $4.2 trillion, while Apple has dropped to a $3.2 trillion valuation, down 16%. Nvidia dominates the GPU market with a 90% share, driving strong earnings and revenue growth. Analysts expect ongoing increases due to rising AI server farm construction. Conversely, Apple faces challenges with missing AI advancements and losing talent to competitors. Its next AI product is not expected until next year, limiting its competitiveness in the AI landscape.
Nvidia has about 90% of the global market share for add-in-board GPUs, which is a primary reason for the rally. And Nvidia's earnings have been strong.
Apple has missed the introduction of advanced AI features among the largest tech companies. And, recently, its rivals have started to hire away its AI software talent.
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