Nvidia Is a $4.7 Trillion Company. Here's How Close It Is to Retaking $5 Trillion.
The chipmaker is a short hop from reclaiming a milestone only it has ever reached.
Overview
Only one company in history has ever been worth $5 trillion: Nvidia (NASDAQ: NVDA) itself. The chipmaker first crossed the mark last October, then slipped back below it. After closing Monday at about $195.55 per share, the chipmaker carried a market value of roughly $4.74 trillion. That leaves it less than 6% below a milestone no other business has ever touched.
So how close is Nvidia, exactly, and what would it take to get there? The math is simple, and the underlying business is firing on all cylinders.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.