Nvidia Stock Market Value Would Be Bigger Than the World Economy – The New York Times

1 minute, 37 seconds Read

A.I. fervor has rocketed the chip company’s share price upward. Our columnist asked A.I. chatbots how big Nvidia would become if it kept growing as fast as it had over the past year.

It’s not a household name quite yet, but anyone who follows the stock market knows at least a little about Nvidia.

The company is the wonder of the year, a stock by which all others are measured. Nvidia designs the chips that make artificial intelligence work, and because A.I. is being hailed as the most important technological development since the internet, Nvidia shares have been rocketing since last year.

I’m not qualified to assess how important — or how dangerous — A.I. will one day become, but I do pay close attention to the stock market, which values Nvidia at more than $2.2 trillion, making it the third-largest public company in the world behind Microsoft and Apple.

Enthusiasm for A.I. is raising the share prices not only of Nvidia, but also of many other tech companies that are believed to be imbued with the technology’s potential, including Microsoft, Meta and Alphabet as well as other chipmakers like AMD, Taiwan Semiconductor and Intel.

But the blistering rate of Nvidia’s gains — an increase of about 290 percent over the past 12 months — has me and many Wall Street analysts wondering how sustainable this run is. The answer has implications for the entire market.

.dw-chart-subhed {
line-height: 1;
margin-bottom: 6px;
font-family: nyt-franklin;
color: #121212;
font-size: 15px;
font-weight: 700;

Nvidia’s stock market value

Source: FactSet

By The New York Times

We are having trouble retrieving the article content.

Please enable JavaScript in your browser settings.

Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.

Thank you for your patience while we verify access.

Already a subscriber? Log in.

Want all of The Times? Subscribe.

This post was originally published on this site

Similar Posts