Nvidia’s market capitalization has soared to over $3.3 trillion, making it the largest stock in the U.S. and exceeding the total stock market value of Germany, France, and the United Kingdom individually. According to Deutsche Bank, only India, Japan, China, and the United States have larger stock markets than Nvidia. The company’s growth is driven by its leadership in high-end semiconductors used in artificial intelligence, with Wall Street analysts projecting continued expansion due to increased investment in AI across industries. Nvidia’s market capitalization has increased by $1 trillion in just 23 days, the fastest recorded, causing concern about the US stock market’s reliance on a few tech giants. Nvidia, Apple, and Microsoft are collectively valued at nearly $10 trillion, equivalent to the entire S&P 500 in 2010.
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https://www.cnbc.com/2024/06/20/nvidia-tops-the-stock-market-values-of-germany-france-and-the-uk.html
