The article discusses the potential for NVIDIA’s market capitalization to surpass Microsoft and become the most valuable company in the world by 2024, driven by the booming demand for artificial intelligence (AI) chips. According to Rosenblatt Securities, NVIDIA’s market cap could reach $3 trillion by 2024, surpassing Microsoft’s current valuation of around $2.4 trillion. The firm cites NVIDIA’s dominance in the AI chip market, with its GPUs being essential for training and running large language models like ChatGPT. NVIDIA’s data center business, which includes AI chips, is expected to grow by over 40% annually through 2027. The article also mentions NVIDIA’s potential to benefit from the metaverse and autonomous driving trends. However, competition from AMD and Intel in the AI chip market is acknowledged as a potential risk factor.