The cost of Nvidia exceeded $ 1 trillion – Kommersant
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The American manufacturer of computer equipment, semiconductors, video cards, graphics processors, Nvidia, whose shares have been hitting growth records in recent days, has reached a market value of $ 1 trillion in the first hours of stock trading in the United States, reports CNBC.
Shares of Nvidia, which have risen in price by 185% since the beginning of this year, began to rise strongly last week after the publication of quarterly reports. In her company predicted record growth in demand for AI processors and, as a result, record growth in sales of processors of its production. The company estimates that its revenue in the current quarter could reach $11 billion, which is twice as much as analysts predict.
The day after the publication of the report, the price of Nvidia shares took off immediately by almost 30%, increasing the value of the company by almost $ 220 billion. Nvidia became the first chip manufacturer to enter the number of companies with a capitalization of more than $ 1 trillion. Among all American companies, Apple was the first to overcome this mark in August 2018. The first company in the world with a capitalization of $ 1 trillion was in 2007 the Chinese PetroChina. In addition to them, this list includes the American technology companies Amazon, Microsoft, Alphabet, Tesla, Meta (recognized as extremist in the Russian Federation and banned) and the Saudi oil company Saudi Aramco.
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