NVIDIA’s market value surpasses both Google and Amazon
February 15, 2024
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Artificial intelligence has increased the importance of NVIDIA, the number one in the GPU world. Artificial intelligence-oriented chips The company that started the development did not pay attention
Artificial intelligence has increased the importance of NVIDIA, the number one in the GPU world. Artificial intelligence-oriented chips The company that started the development did not pay attention to money, so to speak. A development has occurred in recent hours that reveals the truth of this. NVIDIAs market valueGoogle’s parent company Alphabet also managed to succeed.
NVIDIA, which has significantly increased its profitability since last year under the influence of artificial intelligence hardware, will not increase its profitability until 2024. 49 percent grew around. In this case, the market value of the brand is, $1.83 trillion reached the level. In accordance with this data, NVIDIA, fourth most valuable company in the world it became.
Can NVIDIA continue to climb the list of most valuable companies?
Amazon with a valuation level of $1.77 trillion and Alphabet with a valuation level of $1.82 trillion. leave behind NVIDIA is now facing an important threshold. So that the company can become the third largest company in the world 2 trillion dollars It needs to reach its market value, which equates to a valuation of about $200 billion. Time will tell if this will happen or not.
The current status of the world’s most valuable companies is as follows:
Company
Market value
Microsoft
$3.042 trillion
Apple
$2.843 trillion
Saudi Aramco
$2.062 trillion
NVIDIA
$1.825 trillion
Alphabet
$1.820 trillion
With the latest developments, Amazon is now in the top 5 of the list. not available. NVIDIA still needs to do great things to catch up to Microsoft and Apple.
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.