Official Nvidia press releases and major financial news outlets

Nvidia Hits All-Time High Market Cap of $3.44 Trillion, Surpassing Intel

Oct 21, 2024, 04:20 PM

Nvidia's market capitalization has reached an all-time high of $3.44 trillion, surpassing Intel's market cap of $97 billion. Nvidia's CEO, Jensen Huang, is now worth more than Intel's entire market cap, with a net worth exceeding $120 billion. This milestone highlights Nvidia's significant growth and investor confidence, despite broader market challenges and rising long-term bond yields. Nvidia's stock rose about 2%. The sentiment towards Nvidia remains bullish, with investors ignoring bonds.