Nvidia is seeing increasing demand for its semiconductors, that are utilized in artificial intelligence applications. Sales greater than tripled within the last quarter in comparison with the identical period last 12 months.
The company’s journey to becoming one of the vital significant players in artificial intelligence has produced some eye-popping numbers. Here’s a glance:
3.334 trillion US dollars
Nvidia’s total market value on the close of trading on Tuesday. It overtook Microsoft ($3.317 trillion). Apple is the third most respected company ($3.286 trillion). A 12 months ago, the corporate had just crossed the $1 trillion mark.
113 billion US dollars
Nvidia’s one-day increase in market value on Tuesday.
$135.58
Nvidia’s closing price on Tuesday. Two weeks ago, the stock price was above $1,200, but the corporate conducted a 10-for-1 stock split after the close of trading on June 7. This gave each investor nine additional shares for every share they already owned. Companies with a high stock price often conduct stock splits to make the shares cheaper for investors.
119.9 billion US dollars
Analyst estimates for Nvidia’s revenue for the fiscal 12 months ending January 2025: That could be about double the revenue in fiscal 12 months 2024 and greater than 4 times the previous 12 months’s revenue.
53.4%
Nvidia’s estimated net margin, or the share of revenue that turns into profit. Put one other way, about 53 cents of each dollar of revenue Nvidia made last 12 months went to profit. For comparison, Apple’s net margin was 26.3% last quarter and Microsoft’s was 36.4%. However, each corporations have significantly higher revenues than Nvidia.
32%
How much of the S&P 500’s gain within the 12 months to May got here from Nvidia alone?
