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Nvidia has rubbed off on India, and that is a warning

VidyaBy : Vidya

  |  19 Jun 2024 1:38 PM IST

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Nvidia has rubbed off on India, and that is a warning

Lazy investors’ easy way to profit is to pile on to the 'likes’ of companies that are successful in their area of business. Globally, the popular theme playing out these days is the chip, memory chip!Nvidia’s rise to the top of the market capitalisation pile has brought in its share of enthusiasts and skeptics. Its eye-popping market value topping $3.3 trillion — towering above Microsoft, Apple and everything else from Walmart to Meta and Alphabet (Google) — is making investors search for the next NvidiaInvestors are eyeing companies like Nvidia, which has seen a remarkable rise in market value and revenue. Another player in the semiconductor industry, Moschip Technologies Ltd., is gaining attention for its high market capitalization and recent order from CDAC

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