NVIDIA Tops Global Market Value

On the morning of June 19, when the US stock market closed, NVIDIA's market value reached $3.34 trillion, surpassing Microsoft to become the company with the highest market value globally.

With a market value of $3.34 trillion, NVIDIA's market value is approximately equivalent to 12.96 times that of Moutai, equivalent to the GDP of the United Kingdom in 2023, or 25 times that of Intel, or even 8.76 times the combined value of Intel and AMD.

One year ago, NVIDIA's market value had not yet reached $1 trillion, ranking behind technology giants such as Google, Amazon, Apple, and Microsoft. Now, three companies in the United States have exceeded the $3 trillion market value mark, namely NVIDIA, Microsoft, and Apple.

Data shows that NVIDIA occupies approximately 80% of the data center AI chip market, and OpenAI, Microsoft, Google, and others are still scrambling to purchase its products.

Market predictions suggest that NVIDIA has created the concept of "sovereign AI" to promote advanced AI chips such as A100/H100/B100 to various governments. By leveraging "sovereignty" anxiety, NVIDIA can easily open the doors of various governments. As governments tend to procure hardware and deploy private clouds domestically for data security and independent controllability, NVIDIA can sell more AI chips, and its market value is expected to continue to rise in the future.

Key Milestones in NVIDIA's Soaring Market Value

• On June 13, 2023, NVIDIA's market value surpassed the significant threshold of $1 trillion.

• On February 23, 2024, the company's market value exceeded the $2 trillion mark, setting the fastest record for breaking the $2 to $3 trillion market value range.

• On June 5, 2024, NVIDIA's market value achieved another leap, surpassing $3 trillion.

• On June 6, 2024, NVIDIA's market value surpassed Apple, becoming the second-largest technology giant globally.

• On June 12, 2024, NVIDIA's market value surpassed Microsoft, briefly taking the throne as the company with the highest market value globally.

Jensen Huang Cashes Out $226 Million in a Week

According to the Bloomberg Billionaires Index, as of June 20, Jensen Huang ranks 12th on the global rich list with a total net worth of $119 billion. (Surpassing Zhong Shanshan, the founder of Nongfu Spring (worth $60.3 billion, ranking 23rd), Huang Zheng, the founder of Pinduoduo ($52.3 billion, ranking 26th), Ma Huateng ($43.9 billion, ranking 28th), Zhang Yiming of ByteDance ($42.2 billion, ranking 32nd), and Jack Ma ($31.9 billion, ranking 51st), second only to Warren Buffett, the "god of stocks" ($135 billion, ranking 10th), and Michael Dell, the founder of Dell Technologies ($120 billion, ranking 11th).

According to documents disclosed by NVIDIA, Huang cashed out again in June. The latest regulatory filing shows that Huang sold 240,000 shares from June 13 to 14, cashing out $31.2 million (approximately equivalent to 226 million yuan) through a series of internal transactions.