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NVIDIA is bigger than many countries now
The rise of Nvidia is both awe-inspiring and a little frightening.
08 November 2024 · Friday
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NVIDIA is bigger than many countries now
The rise of Nvidia is both awe-inspiring and a little frightening. This one company now has a market capitalization of $3.5 trillion, a figure so enormous that it surpasses the total market cap of several entire countries. For comparison, Canada’s market cap is $3.3 trillion, the UK’s is $3.2 trillion, and France’s stands at $3.1 trillion.
Nvidia alone has become larger than these economies, which is truly remarkable. It’s a unique event happening in our lifetime, and the implications are vast.. . . . .
Reading Time : 4 Minutes
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The sky’s the limit for Indian companies
A recent infographic showcased an eye-opening comparison of Nvidia’s market capitalization, which has soared to an incredible $3.4 trillion. To put this into perspective, the top Indian companies, including giants like Reliance, HDFC Bank, TCS, Airtel, and others, together add up to a combined market cap of just $1.1 trillion.
When you realize that one single company, Nvidia, is worth more than three times the total market value of India’s biggest businesses, it really shows the scale of global competition . . . . .
Reading Time : 3 Minutes
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