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Nvidia Outshines Tesla: A Decade-Long Investment Triumph in AI Revolution

Word on the StreetMonday, Dec 30, 2024 3:01 am ET

1min read

Veteran Tesla investor Ross Gerber, CEO of Gerber Kawasaki Wealth Management, recently suggested that Nvidia has been a more lucrative investment over the last decade compared to Tesla. He advised investors to consider integrating the chipmaker into their core investment portfolios.

"Over the past ten-plus years, Nvidia has proven to be a better investment option than Tesla," Gerber mentioned in a recent interview. "For investors, Nvidia needs to be part of your investment portfolio, akin to Apple and Microsoft."

This year, Nvidia's shares have soared by over 180%, vastly surpassing Tesla's 73% gain during the same period. This remarkable performance has propelled Nvidia's market capitalization beyond $3 trillion, cementing its leadership in the artificial intelligence technology sector. In comparison, Tesla's market value stands at $1.3 trillion.

While both companies have experienced significant growth, Nvidia's robust stock performance highlights its strategic advantage and foresight in AI chip development, making it a standout choice for investors prioritizing technology-driven future growth.

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