March 8 news, after the close of the U.S. stock market on Thursday, the currently most vigorously rising stock—Nvidia—has surged again, with an increase of 4.47%, closing at $926.69. Its total market value has reached $2.32 trillion.
From a ranking perspective, if we consider Nvidia's market cap as a country's GDP (although this comparison is not exactly appropriate or accurate), it ranks as the 8th highest globally, only behind the United States, China, Germany, Japan, India, the United Kingdom, and France.
On February 27th, according to data from the International Monetary Fund (IMF) cited by Forbes, NVIDIA's market capitalization has surpassed the GDP of all countries in the world except for 11.
Just 10 days ago, NVIDIA's stock was only $788.17 with a market capitalization of $1.97 trillion, but this figure has now exceeded the GDP of all countries except for 11, including Russia.
On March 5th, NVIDIA surpassed Saudi Aramco, becoming the third-largest company globally by market capitalization, trailing only behind Apple and Microsoft.
As of now, Microsoft and Apple have market capitalizations of $3.04 trillion and $2.61 trillion, respectively.
It is reported that the upcoming NVIDIA GTC conference, scheduled for March 18th to 21st, is expected to showcase the next-generation flagship GPU B100, details of a new inference platform, information on automotive chips developed in collaboration with MediaTek, and progress in software business. AI expert Karl Freund predicts that investors at this GTC may witness significant advancements in NVIDIA's technology and business initiatives.
