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Nvidia's $1 Trillion Market Cap Gain This Year Is Nearly Double Tesla's Entire Market Cap

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Thursday&#39;s gains brought Nvidia&#39;s market cap to $2.32 trillion, up from $1.22 trillion at the end of 2023.</p><p style=\"text-align: start;\">The chip maker’s stock has soared in the last year and a half amid a boom in demand for artificial intelligence and the Nvidia graphics processing units on which it is so often trained and operated.</p><p style=\"text-align: start;\">Just this year, Nvidia shares have risen more than 87%. The company added a record $272 billion in market value in a single day in February after its earnings topped Wall Street’s high expectations. </p><p style=\"text-align: start;\">Nvidia’s meteoric rise stands in stark contrast to the recent fortunes of some of its Magnificent Seven peers, specifically Tesla (TSLA) and Apple (AAPL).</p><p style=\"text-align: start;\">Tesla has struggled with a slowdown in electric vehicle demand and increased competition in major markets like China, both of which have forced manufacturers to slash prices. Shares have fallen more 28% this year, erasing more than $225 billion from Tesla&#39;s market cap, which now stands at $569 billion.</p><p style=\"text-align: start;\">Apple has also fallen victim to a slowdown in China, where iPhone sales so far this year have disappointed. The company also recently pulled the plug on an electric vehicle initiative and has struggled to convince investors its newest product, the Apple Vision Pro augmented reality headset, can become a best-selling, category-defining product like the iPhone and iPad. Apple shares have lost mor than 12% so far this year, which has trimmed more than $380 billion from its market cap, which was once the largest in the world at more than $3 trillion.</p></body></html>","source":"lsy1606203311635","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia's $1 Trillion Market Cap Gain This Year Is Nearly Double Tesla's Entire Market Cap</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia's $1 Trillion Market Cap Gain This Year Is Nearly Double Tesla's Entire Market Cap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-08 08:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/nvidia-usd1-trillion-market-cap-gain-this-year-is-nearly-double-tesla-entire-market-cap-8605940><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY TAKEAWAYSNvidia shares rose more than 4% on Thursday, bringing its market capitalization to more than $2.31 trillion, an increase of over $1 trillion from its value at the beginning of the year....</p>\n\n<a href=\"https://www.investopedia.com/nvidia-usd1-trillion-market-cap-gain-this-year-is-nearly-double-tesla-entire-market-cap-8605940\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","BK4543":"AI","BK4527":"明星科技股","BK4588":"碎股","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4579":"人工智能","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0320765059.SGD":"FTIF - 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Thursday's gains brought Nvidia's market cap to $2.32 trillion, up from $1.22 trillion at the end of 2023.The chip maker’s stock has soared in the last year and a half amid a boom in demand for artificial intelligence and the Nvidia graphics processing units on which it is so often trained and operated.Just this year, Nvidia shares have risen more than 87%. The company added a record $272 billion in market value in a single day in February after its earnings topped Wall Street’s high expectations. Nvidia’s meteoric rise stands in stark contrast to the recent fortunes of some of its Magnificent Seven peers, specifically Tesla (TSLA) and Apple (AAPL).Tesla has struggled with a slowdown in electric vehicle demand and increased competition in major markets like China, both of which have forced manufacturers to slash prices. Shares have fallen more 28% this year, erasing more than $225 billion from Tesla's market cap, which now stands at $569 billion.Apple has also fallen victim to a slowdown in China, where iPhone sales so far this year have disappointed. The company also recently pulled the plug on an electric vehicle initiative and has struggled to convince investors its newest product, the Apple Vision Pro augmented reality headset, can become a best-selling, category-defining product like the iPhone and iPad. Apple shares have lost mor than 12% so far this year, which has trimmed more than $380 billion from its market cap, which was once the largest in the world at more than $3 trillion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":30,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}