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Nvidia’s Market Value Challenge to Apple Sends Stock Soaring: China Economic Net

Big jump before the market opens!Nvidia launches “market value challenge” to Apple_China Economic Net

Big jump before the market opens! Nvidia launches “market value challenge” to Apple

2024-03-09 07:35 2024-03-09 08:58 Source: CSI Taurus

Nvidia launches “market value challenge” to Apple.

During the pre-market trading session on March 8, NVIDIA’s stock price rose significantly. Wind data shows that as of 19:20 Beijing time, NVIDIA’s pre-market increase was 3.13%, and its share price was US$955.72. Based on this calculation, the total market value is approximately US$2.39 trillion; Apple’s pre-market increase was slightly 0.57%, and its share price was US$169.97. The total market capitalization is approximately US$2.62 trillion.

Based on the stock price as of 19:20 Beijing time, if Apple keeps its current stock price unchanged and NVIDIA rises by about 9.6%, its total market value will surpass Apple.

Wind data shows that as of the close of business on March 7, local time, Nvidia’s share price has increased by 87.14% since 2024, and its total market value has increased by more than US$1 trillion, reaching US$1,078.725 billion. Currently, only 6 companies in the U.S. stock market are included in the “Trillion Dollar Market Value Club”, namely Microsoft (USD 3.04 trillion), Apple (USD 2.61 trillion), Nvidia (USD 2.32 trillion), and Amazon (USD 1.84 trillion). USD), Google parent company Alphabet (USD 1.67 trillion), Facebook parent company Meta (USD 1.31 trillion).

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(Editor in charge: Zhu Xiaohang)

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2024-03-08 23:35:00
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