NVIDIA Becomes First Company Ever to Hit $4 Trillion Market-Cap

[btarunr]

NVIDIA today became the first company ever to hit a market capitalization of $4 trillion. The top-5 companies by market-cap are now all tech companies with trillion-dollar valuations. These are, NVIDIA at $4.00 trillion, followed closely by Microsoft at $3.73 trillion, Apple at $3.13 trillion, Amazon at $2.36 trillion, Alphabet at $2.13 trillion, and Meta at $1.83 trillion. Shares of NVIDIA peaked at $164 (up 2.4%) today, pushing its market-cap above the $4 trillion mark. NVIDIA's rise has been a phenomenon in Finance given that it crossed the $1 trillion mark as recently as June 2023. Its rise is tied closely with the meteoric ascent of AI in information technology and consumer electronics; with NVIDIA holding an over 90% market share in the server-side hardware that accelerates it at an industrial scale.



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[the54thvoid]

Okay folks.

No trolling. No baiting.

Everyone else - enjoy the discussion.

And....go.

 

[Daven]

Good news...none
Bad news...the discrete GPU market will probably be forever ruined as no one can compete against so much money

 

[Zendou]

OMG there was a time before he wore leather jackets.

 

[theglaze]

Turns out this was not just marketing.
But foreshadowing of what high-end gaming will become:

 

[the54thvoid]

Turns out this was not just marketing.
But foreshadowing of what high-end gaming will become:

View attachment 407204

Nah. It's more this:

NVIDIA holding an over 90% market share in the server-side hardware that accelerates it at an industrial scale.

 

[AleksandarK]

Imagine the shock of folks when NVIDIA hits 6 trillion. The age of robotics will be powered by NVIDIA, and the foundation is already there.

 

[oxrufiioxo]

From a meeting at Denny's to this.... As a gamer it sucks but it's still insanely impressive.

 

[john_]

Imagine being a die hard Nvidia fan for over 25 years and never buying Nvidia stocks.

Adding to the above the crypto coin boom, I think we the PC enthusiasts (and I mean here everyone loving building PCs, not those buying expensive parts) are one of those rare categories that could make enough money for 2 lifetimes out of our hobby, if we could see the financial aspects of that hobby. Again here I don't mean making our hobby a job, but investing on hardware companies and realizing early the value of bitcoin.

 

[nguyen]

Crazy that a gaming company started the next industrial revolution, maybe i can see some android in real-life instead of in-game

 

[dgianstefani]

Imagine the shock of folks when NVIDIA hits 6 trillion. The age of robotics will be powered by NVIDIA, and the foundation is already there.

Been telling people Omniverse being adopted by all the big boys was game set match for several years, but no, "AI is gimmick".

 

[dyonoctis]

Imagine the shock of folks when NVIDIA hits 6 trillion. The age of robotics will be powered by NVIDIA, and the foundation is already there.

Intel's board of director now probably regret to not agreeing about buying nvidia and letting Jensen become CEO of both companies back in the early 2000s.

Intel’s board balked at the acquisition cost and integration challenges, emblematic of a corporate culture that former executives have described as risk-averse. At the time, Intel executives likened the company to a “single-cell organism,“ focused almost exclusively on x86 processor dominance. This mentality may have hindered Intel’s vision in emerging sectors, as seen with Nvidia in 2005 and later with missed AI investments in OpenAI

 

[igormp]

Imagine being a die hard Nvidia fan for over 25 years and never buying Nvidia stocks.

Adding to the above the crypto coin boom, I think we the PC enthusiasts (and I mean here everyone loving building PCs, not those buying expensive parts) are one of those rare categories that could make enough money for 2 lifetimes out of our hobby, if we could see the financial aspects of that hobby. Again here I don't mean making our hobby a job, but investing on hardware companies and realizing early the value of bitcoin.

I know a folk that refused to buy Nvidia stocks because they thought of Nvidia as "anti-consumer" on the mainstream market.
Buying stocks by your feelings for a company is apparently a thing lol

 

[Luminescent]

Congrats! they fully deserve this, no one gave 2 cents when they talked about machine learning and CUDA, now look how far they got.

 

[john_]

Intel's board of director now probably regret to not agreeing about buying nvidia and letting Jensen become CEO of both companies back in the early 2000s.

I think it's better that Jensen stayed at an independent Nvidia, retain the total control of the company, without having to explain his actions to a board.

 

[mb194dc]

Pretty certain it's the biggest bubble of all time, but perhaps some decent use cases will arrive to pay for the hundreds of billions spent. Or perhaps it's just an unthinking mob, buy and keep buying because the price goes up, in which case, how ironic.

 

[john_]

Pretty certain it's the biggest bubble of all time, but perhaps some decent use cases will arrive to pay for the hundreds of billions spent. Or perhaps it's just an unthinking mob, buy and keep buying because the price goes up, in which case, how ironic.

The Internet could also be considered a huge bubble, but we can't live without it. The smartphone could also be considered a bubble, but there are many times more people buying $1000+ smartphones today than those insisting on simple phones that only cost $50 or less. AI is going to become something that next generations wouldn't be able to live without and companies are going to cash out on this. Also AI accelerates tasks, research and development, product designing and many stuff that I can't think about today or still isn't a thing today. Companies or individuals using AI will see themselves winning over the competition and that means that companies and people will start happily paying for AI because it will be an advantage. The same advantage someone has searching a term in Google instead of having to look for it in encyclopedia.
More so, countries will use AI to retain an advantage against other countries or try to close the gap with other countries.

 

[SOAREVERSOR]

Congrats! they fully deserve this, no one gave 2 cents when they talked about machine learning and CUDA, now look how far they got.

When CUDA hit with the 8800gtx was when they stopped being a GPU company and they haven't been shy about it. Gamers being gamers just refused to admit it.

 

[truthsayer]

I know a folk that refused to buy Nvidia stocks because they thought of Nvidia as "anti-consumer" on the mainstream market.
Buying stocks by your feelings for a company is apparently a thing lol

Uhh, most investors know about "activist short sellers", a whole category of hedge funds that research companies for fraudulent practices and poor business fundamentals, then publish their findings and profit if they were right.

Before AI, Nvidia's practices did back them into a corner: Supplying broken GPUs to Apple, Xbox made both companies never work with Nvidia again. Nvidia then fumbled the opportunity to supply chips for phones. Before AI, it was totally valid to not buy Nvidia stock since they could lose their last cash cow in gaming GPUs the same way they pissed off everyone else.

 

[Steevo]

AI needs to die.

 

[Hecate91]

Good news...none
Bad news...the discrete GPU market will probably be forever ruined as no one can compete against so much money

The GPU market was ruined after the crypto boom, IMO.

 

[chodaboy19]

Wow this is a true milestone! Hard work and vision pays off.

 

[igormp]

Uhh, most investors know about "activist short sellers", a whole category of hedge funds that research companies for fraudulent practices and poor business fundamentals, then publish their findings and profit if they were right.

Before AI, Nvidia's practices did back them into a corner: Supplying broken GPUs to Apple, Xbox made both companies never work with Nvidia again. Nvidia then fumbled the opportunity to supply chips for phones. Before AI, it was totally valid to not buy Nvidia stock since they could lose their last cash cow in gaming GPUs the same way they pissed off everyone else.

Those points are valid, but none of those refer to the mainstream consumer market, but rather B2B stuff.

The example I mentioned was someone that refused to buy their stocks solely because "Nvidia won't give us gamers more VRAM! Geforce GPUs are too expensive!", which doesn't really has anything to do with the stock value.

 

[TheDeeGee]

One could say they're on fire since the 40-series

If you know what i mean

 

[Craptacular]

Thank god I invested in the VGT fund.