Nvidia Reaches $2.05 Trillion Market Cap, Becomes Third Largest Company
Nvidia has surpassed Saudi Aramco to become the third largest company in the world by market capitalization, now valued at $2.05 trillion. This significant milestone positions Nvidia behind only Microsoft, with a market cap of $3.08 trillion, and Apple, valued at $2.77 trillion. Saudi Aramco now stands at the fourth position with a market cap of $2.04 trillion. Over the past year, Nvidia has seen a remarkable 265% increase in its market cap, adding $1.3 trillion since March 2023. The company's stock has also risen by 70% year-to-date, reflecting strong investor confidence in its growth and potential in the A.I sector.
Sources
Tanay Jaipuria
Nvidia overtook Saudi Aramco to become the 3rd-largest company in the world by market cap today. 1. 🇺🇸 Microsoft ($3.08T) 2. 🇺🇸 Apple ($2.77T) 3. 🇺🇸 NVIDIA ($2.05T) 4. 🇸🇦 Saudi Aramco ($2.04T)
Reza Chowdhury Nvidia market cap tops $2T, passing Saudi Aramco as third most valuable company in the world.
Matt Wolfe Nvidia is officially one of the top 3 largest companies on the planet. ;) https://t.co/3E0j1aw6gW