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Nvidia $NVDA Market Cap Surpasses $2.5 Trillion, Exceeds German Stock Market

May 23, 2024, 01:57 PM

Nvidia's stock, $NVDA, has reached a historic milestone, with its market capitalization surpassing $2.5 trillion for the first time. This makes Nvidia larger than the combined market caps of Tesla and Amazon. Additionally, Nvidia's market cap now exceeds that of the entire German stock market. The company's valuation is also nine times that of AMD, four times that of Tesla, ten times that of Qualcomm, and greater than the combined market cap of Walmart and Amazon. Furthermore, Nvidia's market cap surpasses Russia's entire GDP plus $300 billion in cash.