Taiwan Semiconductor has surpassed Tesla in market capitalization, with the semiconductor sector experiencing a substantial growth from $528 billion in 2021 to $4.228 trillion in 2024. Tesla, on the other hand, has seen an $85 billion wipeout in market value, allowing Eli Lilly, with a market cap of approximately $600 billion, to overtake the electric carmaker. Global chip sales have increased to $48 billion in November, indicating a robust demand for semiconductors, especially AI chips. NVIDIA dominates the AI chip market with a share estimated between 70% and 90%, while Intel and AMD are aggressively competing in this space.
Wow. $TSLA now has a lower market cap than Lilly, the weight-loss drug manufacturer https://t.co/zbqScOFIAQ
"Lilly [ $LLY] overtaking Tesla, to the extent it has any meaning at all, points to a future in which fund managers consider treating obesity & Alzheimer’s disease to be a better use of capital than making cars that sometimes don’t work when it’s cold, which would benefit biotech… https://t.co/HZEBbP5aXJ
Commercial adoption of AI PCs is expected to outpace consumer adoption through 2024 and 2025, as access to on-device AI can help enterprises manage cloud costs, increase security and productivity. $NVDA $AMD $INTC $QCOM $AAPL https://t.co/WLhSIY4xgU
Eli Lilly is now worth about $600 billion, eclipsing Tesla, which has fallen about 25% since the start of the year. @damiangarde has one thought in today's Readout newsletter. https://t.co/6rAumJt5dv
A sign of the times: Eli Lilly is worth more than Tesla. 💉🚙 https://t.co/sFk6OsHoAM
Weight-Loss Drugmaker $LLY Surpasses $TSLA in Value After $85 Billion Wipeout https://t.co/BBUvDCjtDu
Weight-Loss Drugmaker Lilly Surpasses Tesla in Value After $85 Billion Wipeout https://t.co/stxF5wp0MF
$NVDA's share of the global AI chip market is estimated at anywhere between 70% and 90%. And while it may take them years to catch up, rivals $INTC and $AMD are marshaling their forces to grab their own slice of the AI pie. https://t.co/nSJqCJ3En7
Eli Lilly is now worth more than Tesla as the EV maker's stock spirals https://t.co/DT2Tb1PZ5T
Global chip sales increased 5.3% YoY and 2.9% MoM to $48 billion in November. This marked the first YoY increase since August 2022 and a MoM increase in every month since February 2023. $NVDA $AMD $INTC $QCOM $AVGO https://t.co/NcIRY98U5R
Tesla’s $85 billion wipeout, spurred by investor anxiety about slowing growth, saw weight loss drugmaker Lilly’s market value overtake the carmaker Thursday. https://t.co/frlyVf0mJ2
OOPS! #Tesla sheds $85bn to drop below obesity drugmaker Lilly as weight-loss drug innovators have unseated electric carmakers. (via BBG) https://t.co/OKMH7A3l8f
Insane #StockMarket Stats The #Semiconductor sector had a $528 billion-Dollar market cap in 2021. 67 stocks. The Semiconductor sector has a $4.228 trillion-Dollar market cap in 2024 (January). This is an 8X jump in 3 years. $AMD $NVDA $AVGO $INTC $TSM $QCOM $TXN $MU $ADI
JUST IN: Taiwan Semiconductor $TSM now has a larger market cap than Tesla $TSLA https://t.co/RlRpCWZqGe