This week, most companies released their earnings reports for the fourth quarter of 2021. After these earnings reports, the balance between companies shifted and The 10 most valuable companies in the USA changes occurred in the ranking.
As a result of these changes, some large companies lost their place in the ranking, while some companies raised themselves. One of the world’s largest video card manufacturers NVIDIAsurpassed Facebook’s parent company Meta in the list of the 10 largest companies in the USA.
Nvidia’s deal with Arm is coming to an end!
Graphics giant Nvidia had a great impact on the market by purchasing Arm in 2020. However, the time passed caused serious damage to the agreement.
NVIDIA surpassed Meta to become the 7th most valuable company in the USA!
NVIDIA announced a record earnings in the 4th quarter of 2021, which it announced. The company announced the market value of the company in a statement this Monday. $618.2 billion as stated. Thanks to this value, NVIDIA surpassed many technology companies such as Meta. 7th most valuable company in the USA it happened.
Facebook’s parent company, Meta, announced that there was a drop in users on its platforms for the first time in its history with the earnings call. After this announcement, the company’s stocks dropped significantly, and the company’s market value $612.2 billion fell. Thanks to this, NVIDIA passed the Meta and took the 7th place.
According to Dow Jones Market data, NVIDIA last year 15th most valuable company in the USA was positioned. Two years ago, the company 50th place was located. This is seen as spectacular growth for the company. Especially with the spread of the pandemic, the demand for graphics cards increased and the company’s earnings increased year by year. 40 to 50 percent had increased.
The biggest factor in this decline of Meta TikTok is thought to be. Especially the Chinese social media giant has managed to attract many users since it was on the market and continues to do so. In addition, due to the uncertainty in metaverse projects and problems with protecting users’ information, the company’s value in one day 232 billion dollars decreased.
Famous graphics card and processor manufacturer AMD $148 billion Considering that it has a market value, this decrease seems very big. So, what are your thoughts? What do you think about this success of NVIDIA? Don’t forget to give your feedback in the comments section and on the SDN Forum.