Nvidia’s market cap is now greater than that of its leading competitors combined—and doubled—as it corners the market on chips for artificial intelligence.
The company’s $3.66 trillion market cap as of Monday was more than double the combined market cap of competitors ARM ($155 billion), Intel ($86 billion), AMD ($210 billion), and Broadcom ($1.1 trillion). And while Nvidia’s shares fell just over 5% Tuesday after opening at an all-time high of $153, the company’s market cap still stood at an eye-popping $3.47 trillion during intraday trading—well above the $3.15 trillion market cap sported by the next-biggest company, Microsoft.
