Nvidia's stock market value surpasses $3 trillion. How it rose to AI prominence, by the numbers

Nvidia's stock price has more than doubled this year, making it the third most valuable company in the S&P 500. The company is set to undergo a stock split, giving investors nine additional shares for every one they own.

's stock price has more than doubled this year after more than tripling in 2023 and it's now the third most valuable company in the S&P 500. Nvidia's stock rose again Wednesday to surpass $3 trillion in market value.

The company is also about to undergo a that will give each of its investors nine additional shares for every one that they already own.

The has seen soaring demand for its , which are used to power applications. The company's more than tripled in the latest quarter from the same period a year earlier.

Nvidia, which has positioned itself as one of the most prominent players in AI, has been producing some eye-popping numbers. Here's a look:

$3.011 Trillion Nvidia's total market value as of Wednesday. Earlier this year, it passed and to become the third most valuable public company, behind ($3.168 trillion) and ($3.029 trillion). The company was valued at around $418 billion two years ago.

$147 billion That's the one-day increase in Nvidia's market value on Wednesday.

10 for 1 The company's 10-for-1 stock split goes into effect at the close of trading on Friday, June 7, and is open to all shareholders of record as of Thursday, June 6. The move gives each investor nine additional shares for every share they already own.

Companies often conduct stock splits to make their shares more affordable for investors. Nvidia's stock closed Wednesday at $1,224.40 and it's just one of 11 companies in the S&P 500 with a share price over $1,000.

$26 billion Revenue for Nvidia's most recent fiscal quarter. That's more than triple the $7.2 billion it reported in the same period a year ago. Wall Street expects Nvidia to bring in revenue of $117 billion in fiscal 2025, which would be close to double its revenue in 2024 and more than four times its receipts the year before that.

53.4% Nvidia's estimated net margin, or the percentage of revenue that gets turned in profit. Looked at another way, about 53 cents of every $1 in revenue Nvidia took in last year went to its bottom line. By comparison, Apple's was 26.3% in its most recent quarter and Microsoft's was 36.4%. Both those companies have significantly higher revenue than Nvidia, however.
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Source: Stocks-Markets-Economic Times

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