The company’s journey to be one of the most prominent players in AI has produced some eye-popping numbers. Here’s a look.
$3.579 trillion
Nvidia’s total market value as of the close Wednesday, tops in the S&P 500. It regained the No. 1 sport from Apple ($3.461 trillion) earlier this week. Microsoft is the only other company with a market value above $3 trillion ($3.089 trillion). One year ago, Nvidia’s market value was around $1.243 trillion.
195%
Gain in Nvidia’s stock price so far this year as of the close of trading Wednesday. A $100,000 investment in Nvidia two years ago would now be worth more than $950,000. Shares fell about 1% in after-hours trading following the release of the company’s earnings.
25%
That’s how much of the S&P 500’s gain for the year could be attributed to Nvidia alone, as of Oct. 31. Nvidia replaced Intel in the Dow Jones Industrial Average earlier this month.
$30.8 billion
Nvidia’s revenue from its data centre business for the quarter ended Oct. 31, up 112% from a year ago. Overall revenue rose 94% from a year ago to $35.1 billion. By comparison, revenue growth for all the companies in the S&P 500 is expected to be about 5.5% for the latest quarter, according to FactSet.
$37.5 billion
Nvidia’s estimate for overall revenue in the fourth quarter, “plus or minus 2%.” That translates to a range of $36.8 billion to $38.3 billion, compared to Wall Street’s estimate of $37.1 billion. Revenue in the year-ago fourth quarter totalled $22.1 billion.
$126.5 billion
Analysts’ estimate for Nvidia’s revenue for the fiscal year that ends in January 2025. That would be more than double its revenue for fiscal 2024 and more than four times its receipts the year before that.
54.6 billion
The number of Thanksgiving meals one could buy with Nvidia’s market value of $3.579 trillion, using the $65.51 estimated cost of a 15-item meal from retail intelligence provider Datasembly.
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