The Technology section is published with the support of Favbet Tech
NVIDIA market capitalization NVIDIA market capitalization reached $3.34 trillion, which allowed the company will overtake Microsoft ($3.32 trillion) in this indicator and become the most valuable in the world. Despite the recent gains in Microsoft and Apple shares, NVIDIA shares have risen even further. Only at the beginning of this month the company became the second largest by capitalization. Apple is breathing down the necks of both leaders with a capitalization of $3.29 trillion.
NVIDIA's market value skyrocketed over the next period of time, mainly due to the hype around artificial intelligence and the company's related chips. Capitalization crossed the $1 trillion mark last year, and the company grew by 170% in 2024 alone. Earlier this month, NVIDIA announced a 10-for-1 split of its shares, now worth just over $135.
per share.
The company has seen several stock surges over the past decade due to demand for artificial intelligence hardware, cryptocurrency mining, and significant growth in gaming graphics card sales during the COVID-19 pandemic. The current GeForce RTX 40xx series is also successful and dominates over its competitors, despite user complaints about younger models.
NVIDIA's technical expertise helps the company respond in a timely manner to challenges that require significant computing power. The company is soon set to launch Blackwell's new data center architecture and RTX 50xx series of graphics cards before the end of this year. The next Vera Rubin architecture has already been announced, and NVIDIA has also switched to an annual chip development cycle – this is a two-fold acceleration. Experts say NVIDIA could grow to $5 trillion.
Online course “SMM specialist” from Laba. From the analysis of the audience and the creation of live content – to encourage the community to join the brand in social media. Under the mentorship of a Senior SMM Specialist at Uklon. Find out more
The Technology section is published with the support of Favbet Tech
Favbet Tech is IT a company with 100% Ukrainian DNA, which creates perfect services for iGaming and Betting using advanced technologies and provides access to them. Favbet Tech develops innovative software through a complex multi-component platform that can withstand enormous loads and create a unique experience for players. The IT company is part of the FAVBET group of companies.