NVIDIA surpasses Microsoft to become world's largest company with market capitalization of $3.34 trillion
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On June 18, 2024, semiconductor giant NVIDIA's market capitalization reached $3.335 trillion (approximately 527 trillion yen), surpassing Microsoft to become the world's largest public company.
Nvidia passes Microsoft market cap, is most valuable public company
https://www.cnbc.com/2024/06/18/nvidia-passes-microsoft-in-market-cap-is-most-valuable-public-company.html
Nvidia is now the world's most valuable company by market cap, ahead of Apple, Microsoft, and Google | Tom's Hardware
Nvidia overtakes Microsoft as the world's most valuable company - The Verge
https://www.theverge.com/2024/6/18/24181393/nvidia-most-valuable-company-microsoft-apple-google
NVIDIA reported $26.044 billion (approximately 4 trillion yen) in its financial results for the first quarter of fiscal year 2025, up 18% from the same period last year. In addition, NVIDIA is not only manufacturing semiconductors such as GPUs and AI accelerators, but also making significant profits in the data center division, and in the first quarter of fiscal year 2025, the data center division alone recorded revenue of $22.6 billion (approximately 3.5 trillion yen), up 23% from the previous quarter and 427% from the previous year.
NVIDIA's first quarter revenue for fiscal 2025 increased 262% year-on-year, with data center division increasing 427% year-on-year to a record high - GIGAZINE
Market expectations for NVIDIA, which accounts for about 80% of the market share in AI-related hardware, are soaring, and NVIDIA's market capitalization exceeded $2 trillion (315 trillion yen) as of February 22, 2024. After that, on June 5, 2024, the market capitalization reached $3.12 trillion (about 492.67 trillion yen), surpassing Apple, which had previously been ranked second in market capitalization, and NVIDIA jumped to second place in the market capitalization ranking of public companies.
NVIDIA's market capitalization exceeds $3 trillion, surpassing Apple to become the second largest in the world after Microsoft - GIGAZINE
NVIDIA's stock price continued to rise, and about two weeks later, on June 18, 2024, NVIDIA's stock price rose 3.5% from the previous day to close at a record high of $135.58 per share (approximately 21,400 yen). As a result, NVIDIA's market capitalization reached $3.335 trillion, surpassing Microsoft, which had a market capitalization of approximately $3.32 trillion (approximately 473.67 trillion yen), making NVIDIA the most valuable company in the world. The top 10 market value rankings by CompaniesMarketCap.com look like this.
On the same day that NVIDIA's market capitalization surpassed Microsoft's, Microsoft's stock price fell 0.45% from the previous day, with its market capitalization at $3.317 trillion (approximately 523.598 trillion yen), while Apple's stock price fell 1.1% to $3.29 trillion (approximately 519.336 trillion yen).
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