These are the next trillion dollar companies according to ChatGPT

These are the next trillion dollar companies according to ChatGPT
These are the next trillion dollar companies according to ChatGPT
Image: Nvidia

ChatGPT possesses a sharp quantitative analysis skill. InvestorPlace asked which companies have the potential to join the Trillion Dollar Club. The chatbot sees significant potential for sectors such as tech and renewable energy.

Investors are always interested in the next trillion dollar companies. This is a milestone that every company strives for, although few achieve it.

InvestorPlace analyst Luke Lango pointed to the iPhone, which helped Apple reach that milestone by 2022 and become the most valuable company in the world with a market cap of more than $2 trillion. Many experts have made predictions about what the next trillion dollar companies will be.

Samuel O’Brient asked ChatGPT and while the chatbot can’t make direct predictions, it did provide a list of companies it believes have the potential to reach the trillion dollar mark. Artificial intelligence, healthcare technology, electric and autonomous vehicles, fintech and renewable energy were mentioned as sectors. Probing questions yielded 7 companies from these sectors:

  • NextEra Energy
  • Moderna Inc
  • NVIDIA Corp
  • Illumina Inc
  • Tesla Inc
  • Block Inc

Amazon – close to the magic frontier

With a market capitalization of $970 billion, Amazon is close to the magical $1 trillion mark. ChatGPT touts the e-commerce giant for its wide applications across many industries. It specifically highlights Amazon’s recent investments in AI and robotics, making it clear that it sees this emerging market as the driving force.

If the company continues to expand into new markets, such as healthcare and advertising, and invest in emerging technologies such as artificial intelligence and robotics, it can continue to grow and reach a valuation of $1 trillion.

NextEra Energy – the power of renewable energy

ChatGPT clearly recognizes the power and potential of the renewable energy sector. NextEra Energy is already one of the world’s largest producers of wind and solar energy, and its focus on renewables and sustainability could help it continue to grow and reach a $1 trillion valuation.

In addition, the company is known as a winner among dividend stocks and appeals to less risk-averse investors. All this bodes well for his future as a potential trillion dollar winner.

Moderna as a meme stock on its way to the trillion

Moderna benefited from a race to the top in the race for the corona vaccine and emerged as one of the pharmaceutical winners. ChatGPT sees potential especially in healthcare technology applications.

If the company continues to develop and commercialize other mRNA-based treatments, it could reach a $1 trillion valuation. Interestingly, ChatGPT sees the stock as a meme stock. This categorization may be due to the stock making a lot of headlines in 2021.

Nvidia goes big with AI

Not surprisingly, Nvidia appears on ChatGPT’s list as a future member of the billionaires’ club. Nvidia is an esteemed Silicon Valley company with versatile applications. It is seen as a driver of the AI ​​boom. On ChatGPT’s list of the best AI stocks, Nvidia ranks number 2, right behind Alphabet.

The bot sees Nvidia as a leading semiconductor and graphics processor (GPU) company that has experienced steady growth in recent years. Reasons why Nvidia has the potential to reach a $1 trillion valuation in the future include dominance in the AI ​​and data center markets, diversification into new markets and high investor confidence, as well as impressive finances.

Illumina – the potential of gene technology

This company is less well known than the other stocks that ChatGPT mentioned as potential trillion dollar companies. The biotech company is a leader in gene technology, which InvestorPlace previously characterized as a key to unlocking precision medicine. ChatGPT has a similar view as to why it is bullish on the stock.

Tesla may rejoin the billionaires’ club

Tesla isn’t a surprising choice either, especially after ChatGPT called electric and autonomous vehicles a top opportunity. Tesla is considered a leader in both fields, even as competitors close in. Tesla has already belonged to the trillion-dollar club once and could join it again.

Tesla is currently the largest automaker by market capitalization. As the company continues to expand its production of electric vehicles and autonomous driving capabilities, it could potentially reach a $1 trillion valuation again, the bot concludes.

Block – a fintech with a lot of growth potential

Fintech company Block has emerged as a leader in mobile payments. Led by former Twitter CEO Jack Dorsey, the company is recovering from a volatile year. But this isn’t the first time ChatGPT has selected it as a stock with significant growth potential.

The bot previously placed Block on a list of tech stocks with high growth potential for five years. The online payment company has been growing steadily since its inception in 2009. With its focus on innovative financial solutions for small businesses, the company could continue to grow and reach a valuation of $1 trillion, ChatGPT concludes. Due to the difficult year 2022, Block currently does not have such a high market cap. But if the markets reverse in 2023, Block could easily make up for the loss.

See also: The largest companies in the world, from IPO to now

The article is in Dutch

Tags: trillion dollar companies ChatGPT