Nvidia's Market Value Grew 24% Over the Past Year. Intel's Grew 474%.
One of these companies earned $160 billion during that stretch. It isn't the one with the bigger gain.
Overview
Over the past year, Nvidia (NASDAQ: NVDA) added about 24% to its market value, which now sits near $5.4 trillion as of this writing. Intel (NASDAQ: INTC) added about 474%, lifting its value to roughly $510 billion. On that measure, it isn't close.
But market value tracks two things at once: the share price and how many shares exist. These two gains are built differently.
Image source: Nvidia.
Details
Source
Originally published at www.fool.com.
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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.