Data: Nvidia's market value once exceeded 2.5 trillion US dollars, twice that of Bitcoin's market value
After the announcement of Nvidia's Q1 results, NVDA's stock price soared to a historical high in after-hours trading on May 22, slightly above $1,000. This pushed its market value over $2.5 trillion, surpassing the combined market values of Tesla and Amazon and approximately twice the market value of Bitcoin and more than five times that of Ethereum.
Five years ago, Nvidia's market value was only $100 billion but it has now become the third largest listed company globally with only a 17% gap from surpassing Apple.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The proportion of Bitcoin holders at a loss is declining
Euro remains stronger against Canadian Dollar following Eurozone HICP inflation data
Innovative Drug Export: Why Is This Window Two Weeks Later So Important?
Why did India suddenly make massive purchases of US Treasuries? July net purchase hit a record $15.2 billion, with a special swap mechanism as the key factor
Benefiting from a special arrangement by the Reserve Bank of India to attract overseas capital, India purchased a record amount of US Treasury bonds in July due to large capital inflows.
Crypto prices
More
