NVIDIA’s Value Exceeded 2 Trillion Dollars for a Short Time!

The most talked about company of recent days is undoubtedly NVIDIA. The US technology giant announced a few days ago that its revenues broke a record by increasing 126% annually and 265% compared to the same quarter of the previous year. Following this, we saw a nearly 30% increase in the stock. The reason for all this is that the company on the artificial intelligence side These were successful moves.

The increase in the company’s shares continued unabated. Thanks to this, the giant company crossed a very important threshold for a short time.

NVIDIA broke new ground by reaching a value of $2 trillion in a short time

NVIDIA’s stock value rose to $814 after the huge increase today. Thanks to this, the company worth $2.04 trillion reached, breaking new ground for both itself and semiconductor manufacturers. At the same time Third US company to reach 2 trillion market value He also managed to be. The others were Apple and Microsoft.

Let us note that NVIDIA reached $1 trillion on May 30, 2023. In other words, the company gained another $1 trillion in value in just 8 months. This is an indication of how successful it is. Let’s add that it was founded in 1993 and it took 30 years to reach 1 trillion.

NVIDIA’s value is currently $1.96 trillion

Although NVIDIA exceeded $2 trillion in value for a short time, its stock subsequently fell. Market value of the company, at the time of writing this news (February 23, 19.12) $1.96 trillion. The stock is trading at $781.

Despite this decline, it would not be wrong to predict that the company will continue its rise thanks to the steps it has taken in artificial intelligence. We will wait and see whether it will be among the top three most valuable companies.

The most valuable companies in the world right now

1. Microsoft – $3.049 trillion
2. Apple – $2.824 trillion
3. Saudi Aramco – $2.065 trillion
4. NVIDIA – $1.96 trillion
5. Amazon – $1,807