Nvidia’s Market Cap
Samantha Subin and Kif Leswing (via Hacker News):
Nvidia stock rose on Wednesday lifting the company’s market cap briefly past $4 trillion for the first time as investors scooped up shares of the tech giant that’s building the bulk of the hardware for the generative artificial intelligence boom.
[…]
Nvidia is the world’s most valuable company, surpassing Microsoft and Apple, both of which hit the $3 trillion mark before Nvidia.
These numbers are hard to comprehend. Nvidia is now worth about the same as Apple plus half of Meta—or, alternatively, Alphabet plus Meta—and it’s doubled in the last year.
New CEO Lip-Bu Tan told employees this week that he doesn’t consider Intel among the leading chip companies, a bracing message as the chipmaker began expansive layoffs in the face of severe technical and financial challenges.
[…]
Customers are giving Intel failing grades, Tan said, and the company is too far behind to catch up with industry leader Nvidia in developing technology to train artificial intelligence.
Previously:
Update (2025-07-11): See also: Kirk McElhearn, Trung Phan, and Dare Obasanjo.
