Nvidia's capital grew to $3 trillion, which is the 2nd largest in the world and ranks ahead of Apple
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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.
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