Nvidia's capital grew to $3 trillion, which is the 2nd largest in the world and ranks ahead of Apple
Nvidia's capital grew to $3 trillion, which is the 2nd largest in the world and ranks ahead of Apple
13:51, 28.10.2024
Bloomberg reports that Nvidia has reached a significant market capitalization of $3 trillion. This is the first time that a chipmaker has achieved such a milestone. Nvidia has even overtaken Apple in the table of the most profitable companies.
This year, Nvidia's revenues increased by 147%, which shows how significant the company's contribution to the market is. As of the current data, only Microsoft is ahead of Nvidia.
Key events that were of major importance:
- 2002 was a key year for Nvidia when the company was worth more than Apple. During this period, both companies were valued below $10 billion.
- On June 5 of this year, the company's shares rose by more than 5 percent, bringing its market value to more than $3 trillion.
- Last Wednesday, the company's fortune rose to $107.4 billion.
- Overall, the growth of the company's shares was significantly influenced by the development of artificial intelligence, and it is expected that regular updates of AI accelerators will have a significant impact on sales.
Was this article helpful to you?
thank you for your feedback!
VPS popular offers
-
-12.8%€/mo€ 17 /moBilled annuallyCPU3 Xeon CoresRAM1 GBSpace50 GB SSDBandwidth1 TB
-
-15.3%€/mo€ 54 /moBilled annuallyCPU4 Xeon CoresRAM2 GBSpace75 GB SSDBandwidth40 Mbps
-
-10%€/mo€ 30.3 /moBilled annuallyCPU4 Xeon CoresRAM2 GBSpace30 GB SSDBandwidthUnlimited
-
€/moOSCentOSCPU10 Epyc CoresRAM64GBSpace400 GB NVMeSoftwareKeitaroBandwidthUnlimited
-
-20.6%€/mo€ 59 /moBilled annuallyCPU6 Xeon CoresRAM8GBSpace100GB SSDBandwidth500GB
-
€/moOSCentOSCPU4 Epyc CoresRAM4 GBSpace50 GB NVMeSoftwareKeitaroBandwidthUnlimited
-
-21%€/mo€ 65 /moBilled annuallyCPU6 Xeon CoresRAM8 GBSpace100 GB SSDBandwidth8 TB
-
-8%€/mo€ 25.91 /moBilled annuallyCPU6 Xeon CoresRAM8 GBSpace200 GB HDDBandwidth300 Gb
-
-10%€/mo€ 40.2 /moBilled annuallyCPU6 Xeon CoresRAM16 GBSpace400 GB HDDBandwidth300 Gb
-
-10.2%€/mo€ 123 /moBilled semiannuallyCPU6 Xeon CoresRAM16 GBSpace150 GB SSDBandwidth100 Mbps