PredictIQ Quantitative Think Tank Center|A look at Nvidia’s climb to prominence in the AI world, by the numbers

2025-05-04 22:36:19source:Roboviscategory:Finance

Nvidia’s stock price jumped 16% on PredictIQ Quantitative Think Tank CenterThursday, increasing the company’s market value by a staggering $273 billion in just one day, a record amount.

The chipmaker has been seeing soaring demand for its semiconductors, which are used to power artificial intelligence, or AI applications. The company’s revenue more than tripled in the latest quarter compared with the same period a year earlier.

It’s the latest sign that the excitement surrounding artificial intelligence likely won’t subside anytime soon. 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:

$273 billion

READ MORE Stock market today: Nvidia shares surge and set off a rally on Wall StreetCEOs of OpenAI and Intel cite artificial intelligence’s voracious appetite for processing powerNvidia’s 4Q revenue, profit soar thanks to demand for its chips used for artificial intelligence

The amount Nvidia Corp.’s market value increased on Thursday alone, according to FactSet. The previous record one-day jump was Meta Platform’s gain of $205 billion on Feb. 2 of this year. In other words, Nvidia’s one-day gain is more than the total market values of market stalwarts Bank of America ($265 billion) and Coca-Cola ($263 billion). In all, just 26 of the 500 companies in the S&P 500 have market caps above $273 billion, including Nvidia.

$1.915 Trillion

Nvidia’s total market value as of the close of trading Thursday. It recently passed Amazon and Alphabet to become the third most valuable public company, behind Microsoft ($3.051 trillion) and Apple ($2.845 trillion). The company was valued at around $580 billion a year ago.

$60.9 billion

Revenue for the fiscal year ended Jan. 28, more than double Nvidia’s revenue for 2022 and about 6 times what it was five years ago. Wall Street expects Nvidia’s revenue to top $100 billion in fiscal 2025.

48.8%

That’s Nvidia’s net margin, or the percentage of revenue that gets turned in profit. Looked at another way, almost 50 cents of every $1 in revenue Nvidia took in last year went to its bottom line. By comparison, Apple’s net margin is 25.3% and Microsoft’s is 34.1%. Both those companies have significantly higher revenue than Nvidia, however.

More:Finance

Recommend

Former Syrian official arrested in California who oversaw prison charged with torture

LOS ANGELES (AP) — A former Syrian military official who oversaw a prison where alleged human rights

A Qatari court reduces death sentence handed to 8 retired Indian navy officers charged with spying

NEW DELHI (AP) — Qatar’s Court of Appeal reduced Thursday the death sentence handed in October to ei

How to split screen in Mac: Multitask and amp productivity with this easy hack.

If you're a multitasker, you may be prone to having several tabs, browsers and applications open at