Nvidia Nears $1 Trillion Market Capitalization—Closing In On These Other Companies (2024)

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Nvidia Nears $1 Trillion Market Capitalization—Closing In On These Other Companies (2024)

FAQs

Can Nvidia become a trillion dollar company? ›

On Thursday, Nvidia reported earnings and revenues that significantly surpassed market expectations, helping lift the company's overall value past $2 trillion, trailing only Microsoft and Apple among the largest U.S. firms.

Which companies have reached $1 trillion market cap? ›

Trillion-dollar companies
  • Apple (AAPL) Apple designs and makes a variety of consumer tech products and has one of the best known brands in the world. ...
  • Microsoft (MSFT) ...
  • Alphabet (GOOG and GOOGL) ...
  • Amazon (AMZN) ...
  • Meta Platforms (META) ...
  • Nvidia (NVDA)
Mar 12, 2024

What companies are linked to Nvidia? ›

Nvidia Just Invested in These 5 Artificial Intelligence (AI) Stocks. Here's the Best of the Bunch.
  • Arm Holdings. Back in 2020, Nvidia announced plans to acquire what is now Arm Holdings (NASDAQ: ARM) for $40 billion. ...
  • Nano-X Imaging. ...
  • Recursion Pharmaceuticals. ...
  • Soundhound AI. ...
  • TuSimple Holdings.
Feb 21, 2024

Has Nvidia's market cap neared $2 trillion? ›

Nvidia joins Apple and Microsoft as the only U.S. companies to log market caps above $2 trillion to end a trading day. It rose from $1 trillion to $2 trillion in 180 trading days, the fastest such rise on record. Shares of Nvidia are up about 66% this year.

Does Warren Buffett own Nvidia stock? ›

Buffett famously doesn't rush into hot "it" stocks, so Nvidia wouldn't typically be his cup of tea, according to Wedbush Securities tech analyst Dan Ives. "The value-centric model makes some of these AI names not in Warren's wheelhouse (for now)," Ives said.

Is Nvidia worth more than Google? ›

The company you might not have heard of is now worth $2 trillion — more than Google or Amazon.

Why is Nvidia so valuable? ›

Nvidia is by far the most prominent producer of the semiconductor chip technology powering generative AI. Investors have been impressed not just by the potential for Nvidia to capitalize on the growing interest and corporate spending in AI, but also by its already exploding results.

Why is Nvidia worth so much now? ›

The key reason Nvidia stock is trading so high, in absolute terms, is because of the artificial intelligence (AI)-fueled price action over the last year.

What is the wealthiest company in the world? ›

Microsoft

What company is the next Nvidia? ›

Super Micro Computer (NASDAQ: SMCI) has given investors its best Nvidia impression. The stock is up a whopping 750% over the past year. Now, a stock rarely goes up that much, that quickly. That's why it might seem wild that I'm predicting it will continue.

Who is Nvidia owned by? ›

Nvidia (NVDA) Ownership Overview

The ownership structure of Nvidia (NVDA) stock is a mix of institutional, retail and individual investors. Approximately 39.13% of the company's stock is owned by Institutional Investors, 3.98% is owned by Insiders and 56.89% is owned by Public Companies and Individual Investors.

Who supplies Nvidia with chips? ›

TSMC remains the predominant manufacturer of Nvidia's high-end AI chips. But Muro said that as Nvidia grows, it may diversify its manufacturing ecosystem in the years ahead — and that the US semiconductor industry could reap some of the rewards.

Who owns the most Nvidia stock? ›

The Vanguard Group, Inc. is currently the largest shareholder, with 8.3% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 7.3% of common stock, and FMR LLC holds about 4.9% of the company stock.

Is NVDA overpriced? ›

This analysis corroborates my initial assertion: Nvidia doesn't seem overvalued. When we look at forward multiples, NVDA's current ratios are actually below those observed over the past several years. Moreover, I'd like to compare NVDA's ratio to that of other dominant AI players, such as Microsoft (MSFT) .

Is Nvidia a millionaire maker stock? ›

The hottest stock of our time is definitely Nvidia. After rising over 1,000% in the last five years to a market cap greater than $2 trillion, Nvidia has made millions of dollars for investors who held for the long term.

Can Nvidia become the most valuable company? ›

Nvidia (NASDAQ: NVDA) has become a candidate to overtake Microsoft and Apple as the largest company in the world. After starting 2023 being valued at around a $350 billion market cap, Nvidia is now worth about $2.2 trillion.

How big could Nvidia get? ›

Analysts expect Nvidia's total revenue to triple by 2027 to $192 billion. Earnings are projected to grow 35% per year, which would put its future earnings at $105 by 2030.

Will Nvidia be a $2 trillion dollar company? ›

Nvidia has officially hit a $2 trillion market capitalization, making it the first chipmaker to cross the threshold.

Can Nvidia be worth 10 trillion? ›

Among those, she sees Nvidia hitting a minimum valuation of $10 trillion by 2030, mostly due to AI software. Much like what was seen for gaming and mobile, an AI boom and bust will come "and maybe even at a higher rate," leaving just a few winners.

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