NVDA's $700 million acquisition of Israeli AI startup Run:ai could be an attempt to control the AI ecosystem: hardware, software, and cloud-based artificial intelligence systems. Investors seemed to feel optimistic by NVDA's purchase, resulting in positive results when almost all of the top ten most valuable companies had negative numbers near the end of the year.
AVGO is facing overvaluation challenges with a P/E of 193.24, which is even higher than the P/E of TSLA (114.35).
Musk is by far the richest man in the world. However, his company Tesla, Inc. has a Beta (5Y Monthly) of 2.30. The stock's volatility of his company in relation to the overall market is high. The exceptionally large monetary difference between him and the rest of billionaires may be difficult to maintain in 2025.
Huang keeps his celebrity status in the AI world, finishing 2024 as one of the top ten richest people on the planet.