Nvidia's $3.5 Trillion Market Cap Surpasses Five G7 Countries

Oct 24, 2024, 12:06 PM

Nvidia's market capitalization has reached $3.5 trillion, surpassing the total market cap of five G7 countries: Canada, the UK, France, Germany, and Italy. This milestone, highlighted by Apollo data and noted by Torsten Sløk, emphasizes Nvidia's significant influence in global equity markets, with its market value now larger than the combined stock markets of Germany and Italy. Despite the broader semiconductor industry not experiencing similar growth, Nvidia's prominence underscores its pivotal role in the technology sector.