Gelonghui, May 24 | NVIDIA’s stock price has been running wild. Last night it reached US$1,000. The 110% increase this year has made NVIDIA’s market value (the latest market value US$2.55 trillion) perform 10 major surprises.
As of now, Nvidia’s market value: 1. Greater than the GDP of all countries except 7 countries (the United States, China, Japan, Germany, India, the United Kingdom, France); 2. Equivalent to the entire GDP of Russia plus US$300 billion in cash ; 3. It is the combined GDP of Spain and Saudi Arabia; 4. It is the combined market value of Walmart and Amazon; 5. It is 4 times the market value of Tesla; 6. It is 7 times the market value of Costco; 7. It is the market value of AMD. 9 times; 8. 17 times the market capitalization of Goldman Sachs; 9. Equivalent to the GDP of every U.S. state except California and Texas; 10. Exceeding the market capitalization of the entire Germany and a range of other major exchange stocks.
A poster child for the artificial intelligence (AI) boom, Nvidia\’s market capitalization surpassed the Australian stock market in early February. It surpassed the Korean stock market a few weeks later. As of Thursday\’s close, it surpassed the German stock market.
If it rises another 20%, it may leave the Saudi and Canadian stock markets behind.
Meanwhile, Nvidia is now just 13% away from overtaking Apple to become the world\’s second-largest company.
Illustration丨10 surprises in Nvidia’s market value
Gelonghui, May 24 | Nvidia’s stock price has been running wildly, reaching $1,000 last night. The 110% increase this year has made Nvidia’s market value (the latest market value $2.55 trillion) perform 10 major surprises
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