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Nvidia's Market Value Surges by $2 Trillion in 2024, Market Cap More Than Double, Rtx Shares Up 1.49%

Jan 2, 2025, 10:56 AM

In 2024, Nvidia's market value surged by $2 trillion, driven primarily by an unprecedented rally in artificial intelligence (AI) demand. This remarkable growth has resulted in Nvidia's market capitalization more than doubling, highlighting the company's significant impact on the tech industry. The surge in Nvidia's stock has also influenced related companies, with Rtx Corporation shares rising 1.49% in premarket trading following the news of Nvidia's market value increase. Additionally, Nvidia recorded a net inflow of $30 billion from individual investors in the previous year, underscoring its importance to investor returns. Currently, Nvidia's market cap represents approximately 11.7% of the U.S. GDP, showcasing its substantial role in the market.