Alphabet, Amazon, Saudi Aramco, Tesla, Meta and Microsoft have all at one point been valued at $1 trillion or more.
Apple was first valued at $1 trillion in 2018 and reached a $3 trillion valuation in 2022. The share price rise puts Nvidia within reach of a trillion-dollar valuation, something only a handful of publicly traded companies have ever achieved. Its first-quarter revenue of $7.19 billion was significantly above a consensus estimate of $6.52 billion.īut it was the chipmaker's leading position as an AI chip supplier, coupled with it guiding to $11 billion in sales for the current period, that may have sent shares soaring even higher. The company reported first-quarter adjusted earnings per share of $1.09, versus a Refinitiv consensus estimate of 92 cents. The chipmaker's market cap was on track to open at $975 billion after a 30% jump in after-hours trading Wednesday. Meta is the second best-performing stock with a gain of 97% during the same time period. 14, beating out the performance of any other S&P 500 company since then. To put its gain in perspective, Nvidia stock was up 235% since its two-year low of $112 on Oct. It proved more successful than its peers at developing chips that turn computer code into the realistic images that. Personal Loans for 670 Credit Score or Lower Nvidia was co-founded in 1993 by Jensen Huang, who still runs the company. Personal Loans for 580 Credit Score or Lower
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