On February 14, Nvidia's market value surpassed Google's and became the third largest company in the United States, which is simply shocking.
Specifically, the top 10 companies with the largest market capitalization in the United States:
1.Microsoft: Market Cap 304 trillion dollars.
2.Apple: Market capitalization 2$84 trillion.
3.Nvidia: Market capitalization 183 trillion dollars (1313 trillion yuan).
4.Google: Market Cap 1$81 trillion.
5.Amazon: Market Cap 178 trillion dollars.
6.Meta: Market Cap 1$21 trillion.
7.Berkshire: Market capitalization $867.8 billion.
8.Eli Lilly: Market capitalization of $718.9 billion.
9.TSMC: Market capitalization of $670 billion.
10.Tesla: Market capitalization $599.9 billion.
The top 30 companies in the United States by market capitalization.
Of course, to be honest, when Nvidia's market capitalization surpassed Amazon's, Google's fans were already mentally prepared.
The main reason is that Nvidia's share price is too fierce, at the low point in October 2022, Nvidia's stock price was only 108 yuan, and now it has reached 739 yuan, which is simply shocking.
Pushing it further, in 2019, Nvidia's share price was only 30 yuan, that is, in less than 5 years, Nvidia's stock price rose by 2363 times. It's crazy.
Nvidia stock price action.
Nvidia's performance is also the second in the world among chip companies
Intel Corporation, 2023 revenue of 542At $2.8 billion, it is no surprise that Nvidia's revenue in 2023 will surpass Intel. In 2024, Nvidia's performance will be firmly ranked first among semiconductor design companies, but it may not be as good as TSMC, which makes chips.
Nvidia Performance** (Wind).