Core Insights - Nvidia has achieved a market capitalization of $4.224 trillion, surpassing the combined valuations of Apple and Tesla, which total $4.17 trillion [1][2] - Nvidia's stock price is currently $173.22, reflecting a 1.08% increase on the day and over 20% growth in the last 30 days, driven by strong investor demand for AI infrastructure [3][4] - Nvidia remains the most valuable company globally, ahead of Microsoft, Apple, and Amazon, despite facing antitrust scrutiny and competition from AMD and Intel [5] Company Performance - Nvidia's market cap of $4.224 trillion positions it as a leader in the tech sector, significantly ahead of Microsoft at $3.787 trillion and Apple at $3.14 trillion [2][5] - The company's stock has seen a substantial rally, attributed to the increasing importance of AI technologies in enterprise and government strategies [3][4] - Analysts are optimistic about Nvidia's future, with expectations that it could reach a $5 trillion market cap as demand for GPU capacity from major cloud providers grows [6] Market Context - The surge in Nvidia's valuation comes at a time when Tesla is facing challenges in regaining momentum due to concerns over electric vehicle demand, and Apple's growth has stagnated as iPhone sales plateau [4] - Nvidia's dominance in GPU computing is becoming central to global technology, particularly as large language models and AI datacenters gain traction [3][6] - The competitive landscape includes threats from custom chip designs and established players like AMD and Intel, but Nvidia's position remains strong [5]
Nvidia is now worth more than Apple and Tesla combined