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Major investment firms worldwide are seeking the next generation of artificial intelligence (AI) leaders beyond the borders of the United States. Despite the significant rise in the valuation of Nvidia Corp. and a notable increase in a key American semiconductor index, propelled by global enthusiasm for AI, investors are now turning their attention to emerging markets for greater value and a wider array of investment opportunities. Reliance Industries Ltd., led by billionaire Mukesh Ambani, stands out among these emerging players ....
We look at why Nvidia has been able to surpass every FAANG except Apple, and why it’s inevitable that it becomes the world s most valuable company in the next 2.5 years. ....