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What is the Internet of Things?

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What is the Internet of Things?

What is the “Internet of Things?”

 
According to some estimates, by next year, there will be twice as many devices connected to the Internet than there are people in the world! By the end of the decade, that number may hit 50 billion and The Internet of Things (IoT) market is estimated to be valued at $7.1 trillion.

The following major companies are shaping the IoT space and are worth looking at for exposure to this important trend.

Google (NASDAQ: GOOG)

Google is a major player in the IoT market through its home automation efforts. The tech titan has made many acquisitions in this industry in the past few years. Most notably, Google acquired the home automation company, Nest, for $3.2 billion earlier this year.

Apple (NASDAQ: AAPL)

Apple is determined to make a harmonious user experience for all the devices in your home. Apple’s initiative, HomeKit, is a new framework for communicating with and controlling connected devices in a user’s home. Some have speculated that this will be Apple’s next disruptive move.

Skyworks Solutions (NASDAQ: SWKS)

Skyworks is a major supplier of connectivity chips to some of the biggest players in the tech world, like Apple and Samsung. The company has been investing in IoT initiatives at a feverish pace and will likely grow its market share.

Philips (NYSE: PHG)

The light bulb game is set to change and Philips is ahead of the curve. Incandescent bulbs are slowly being phased out, in favour of LED bulbs, and Philips is offering products that can be controlled through your smartphone.

Intel (NASDAQ: INTC)

Intel has always been a major force in providing other tech giants with processors and chips. To keep up with the IoT industry change, Intel has released a new type of super-efficient chip that can be used in wearable devices.

Goldman Sach’s IoT Predictions 

If you would like to check out even more promising IoT companies, here’s a list of Goldman Sach’s top picks for stock best positioned to take advantage of the IoT trend. Interestingly enough, Goldman did not include Apple or Google on this list.

 

 

Original infographic from: PostsScapes.com

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Technology

What Would $5,000 Invested in Nvidia Be Worth Today?

Small fortunes have been made for those investing in Nvidia stock. But how much would have they earned if they bought before it skyrocketed?

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What Would $5,000 Invested in Nvidia Be Worth Today?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Investing in Nvidia has been highly lucrative, especially for investors who got in early.

As America’s largest chipmaker, its stock price has soared given its critical role in powering AI. Last year alone, its share price jumped 272%, vaulting it into becoming one of the world’s most valuable companies.

This graphic shows how much a $5,000 investment in Nvidia would have grown over time, based on data from Yahoo Finance.

Investing in Nvidia Before the AI Boom

Below, we show how much an investment in Nvidia would have increased in value over the last several decades:

Year Invested (January 1st)Stock PriceStarting ValueValue Today (as of Feb 15, 2024)
2000$0.77$5,000$4,718,052
2010$3.85$5,000$943,610
2015$4.80$5,000$756,854
2020$59.11$5,000$61,460
2023$195.37$5,000$18,595

For those who bought in 2000, a $5,000 investment would be worth over $4.7 million today, with Nvidia’s stock price rising 94,261% over the time period.

At the time, Nvidia had just invented its graphics processing unit (GPU), which allowed computer graphics to render more seamlessly in video games and video editing. These high-performance units complete complex computing tasks, and Nvidia was creating leading technology at the time.

Over the last decade, Nvidia has increasingly focused on AI technology, with key developments launching as early as 2012. Yet it was not until 2020 when its share price really began to soar as the company’s end customer segments increasingly became data centers and cloud computing, alongside video games.

In fact, since 2020 alone, its share price has soared 1,129%—making a $5,000 investment worth twelve times as much today.

So far this year, its stock price shows no sign of stopping, driven by its outsized role in the AI chipmaking market. Roughly 70% of all chips are sold by Nvidia, outpacing key competitor AMD by a landslide.

The company’s Q4 revenues topped $22 billion, setting another historical record, amounting to a 265% year-over-year increase in revenues. In 2023, Nvidia sold 2.5 million chips with customers including OpenAI, Microsoft, Meta Platforms, and Alphabet. The price range for these chips can span anywhere from $16,000 to $100,000.

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