Nvidia’s 591,078% Stock Rally Tops Microsoft in Market Cap Surge
👉 Key Highlights:
📍 Nvidia's stock achieved a 591,078% return since its IPO.
📍 Market cap reached $3.34 trillion, surpassing Microsoft.
📍 Nvidia debuted on Nasdaq in 1999.
📍 Nvidia’s rise driven by AI, gaming, and data centers.
📍 Nvidia faced three annual collapses of 50% or more in its stock.
📍 AI chip demand boosts Nvidia's market position.
📍 Jensen Huang's vision of "accelerated computing" critical to success.
📍 Early success tied to gaming consoles like Xbox and PlayStation.
📍 Data-center graphics chips unveiled in 2012.
📍 Nvidia's data-center sales exceeded gaming revenue in 2023.
📍 Analysts project Nvidia’s data-center sales to top $100 billion this fiscal year.
👉 Why This Matters:
📍 Nvidia's success exemplifies the transformative potential of AI and advanced computing.
📍 The company's dominance in the AI chip market sets a high bar for competitors.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
AI-Powered Insights at a Glance: Crystal-clear earnings reports & vital stock news.
671Followers
13Following
1504Visitors
Follow