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new AI GPUThe Motley Fool
•82% Informative
Microsoft is the second -largest company in the world with a market cap of just under $3 trillion .
Nvidia and Meta Platforms are also benefiting from the booming adoption of AI in their respective industries.
Let's take a closer look at the prospects of both companies over the next decade to find out why they have the potential to overtake Microsoft 's market cap.
Meta Platforms is expected to deliver $161 billion in revenue in 2024 , which means it could end the year with a third of the digital ad market under its control.
Assuming Meta could bump its ad market share to 40% in 2034 , its revenue could hit a whopping $704 billion .
That would be four times the company's projected 2024 revenue.
VR Score
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