NVIDIA’s market value increased by approximately $500 billion in 6 weeks. It can be said that this 6-week increase alone is almost equivalent to the entire value of the Tesla company. The company value, which is 1.7 trillion dollars in total, is very close to Amazon and Alphabet.The irrepressible rise of NVIDIA market value has begun!The fact that the market value of the American graphics chip manufacturer increased by 40 percent in 2024 alone caused a stir in the technology world. Thus, the company became the 3rd most valuable company in America. NVIDIA CEO Jensen Huang was also happy after this huge increase. The value of the company shares held by Huang is estimated to be more than $61 billion.
On the other hand, it is known that Elon Musk’s company Tesla has lost 27% of its value since the beginning of the year. While the authorities claim that this situation is due to the long-term contraction in the electric car sector, the reason for NVIDIA’s rise is shown to be the company catching the artificial intelligence trend and making investments in this field.
Vestel has announced that it has won the compensation case against Samsung and LG, and as a result, the company will receive 21 billion TL.
This sudden rise of the company also sheds light on the importance of artificial intelligence today. It seems that brands that miss the artificial intelligence train will pay a heavy price for it. For example, it was found quite surprising that NVIDIA doubled the value of an investment company like Berkshire Hathaway, which announces huge profits every year. The reason for this was determined to be the magnificent potential that artificial intelligence promises for the future.
The company’s shares, which gained extreme value in a short period of time, have made many NVIDIA employees rich, along with CEO Jensen Huang. Because we know that the company transfers some shares to many of its employees in order to increase employee motivation.
So what do you think about this issue? Do you think NVIDIA can improve further in terms of market value? You can share your answers with us in the comments section below. Your ideas are valuable to us.
