Ten years ago, Nvidia was a successful graphics card company, with a pretty impressive market capitalisation of $10 billion. Now, thanks to huge revenue and profits, all driven by the tech world's desire to have everything and everyone infused with AI, Nvidia's share prices have reached such a point that its market cap is now an astonishing three trillion dollars—higher than Apple, Google, and Amazon.
Only Microsoft has a larger market cap, though the margins between it, Nvidia, and Apple are all very narrow. Well, if one can call tens of billions of dollars 'narrow.' For those unfamiliar with the term market capitalisation, it's a relative measure of how valuable a company is on stock markets, with the figure determined by a simple multiplication of the number of company shares by the current share price.
