NVIDIA is doing better than ever, according to a new report that points out how the company behind GeForce and, more importantly, technological innovations for driving AI, managed to reach a market cap of $1.83 trillion on Monday—a number that would put it ahead of Amazon and Alphabet, the holding company behind Google. The market high was over $740 just before noon, leading to a record valuation that dwarfed the ~$300 billion that NVIDIA saw just a few years ago.
Reported market capitalization (2/12):
- NVIDIA: $1.83 trillion
- Alphabet (Google): $1.82 trillion
- Amazon: $1.8 trillion
NVIDIA is trailing:
- Microsoft: $3.1 trillion
- Apple: $2.9 trillion
- Saudi Aramco: $2 trillion
Forbes noted:
Nvidia stock’s 17,000% gain over the last decade is by far the best return of any stock on the S&P 500, nearly tripling the return of silver medalist and fellow chipmaker Advanced Micro Devices. A $1,000 investment in Nvidia a decade ago would now be worth about $175,000.
NVIDIA Fourth-Quarter Financial Results coming:
- Wednesday, February 21
- Results will be publicly announced at approximately 1:20 p.m. PT
- Conference call set for 2 p.m. PT (5 p.m. ET)
Join the discussion in The FPS Review Forums...
Discussion (4 replies)
Join Discussion →
That... is freaking amazing. And I'm rather sure spend on AI is still going to accelerate.
If it wasn't for the trade protections I could totally see Nvidia buying Intel for their fab's.
"Grimlakin, post: 82174, member: 215" wrote:That... is freaking amazing. And I'm rather sure spend on AI is still going to accelerate.
If it wasn't for the trade protections I could totally see Nvidia buying Intel for their fab's.
to think there was a time when Intel supossedly considered buying nvidia.
Man can you imagine... Nvidia would have been stymied by Intel ownership.
"Grimlakin, post: 82197, member: 215" wrote:Man can you imagine... Nvidia would have been stymied by Intel ownership.
But we could have had awesome products like refreshes upon refreshes upon refreshes. Remember 14nm+++++++++++++++? Imagine nVidia processors doing the same thing. Like right now they are using AdaL right? Imagine if in several years they were STILL using AdaL! Or what if right now we were still using Maxwell v2? Intel knows how to stretch a product out, looooooong after it should have been killed and done away with. Surely that's something that would have benefited nVidia, and in fact all of us!
Discussion (4 replies)
Join Discussion →That... is freaking amazing. And I'm rather sure spend on AI is still going to accelerate.
If it wasn't for the trade protections I could totally see Nvidia buying Intel for their fab's.
to think there was a time when Intel supossedly considered buying nvidia.
Man can you imagine... Nvidia would have been stymied by Intel ownership.
But we could have had awesome products like refreshes upon refreshes upon refreshes. Remember 14nm+++++++++++++++? Imagine nVidia processors doing the same thing. Like right now they are using AdaL right? Imagine if in several years they were STILL using AdaL! Or what if right now we were still using Maxwell v2? Intel knows how to stretch a product out, looooooong after it should have been killed and done away with. Surely that's something that would have benefited nVidia, and in fact all of us!