GPU large manufacturer NVIDIA (NVIDIA) recently created history and became the world's first company to reach a market value of US$4 trillion. According to data from Bloomberg Finance LP, NVIDIA's market value now accounts for 3.6% of the global total domestic production (GDP). This number is not only large, but also shows that its market value has surpassed the sum of stock market capitalization of several major European economies.
According to the report, the current market value of NVIDIA is 3.6% of global GDP. By comparison, the UK's entire stock market accounts for only 3.2% of global GDP, while France is 3.1%, and even Europe's largest economic Germany, its market value lags behind NVIDIA, with only 2.8%. In addition, NVIDIA's market value is even 0.8 percentage points higher than the total market value of all listed companies in Germany.
However, although NVIDIA's market value can be matched by the entire country, it is emphasized that companies and countries are fundamentally different in their functions because NVIDIA does not provide public products and does not fulfill the core government's responsibilities.
In fact, NVIDIA's recent market value has risen like a rocket, mainly due to strong demand for its products, which are the key to promoting the development of artificial intelligence (AI) technology. This kind of upsurge has not stopped even with the U.S. chip export restrictions on China and the early concern that the new AI model might reduce future hardware demand. It is worth noting that as the U.S.-China trade tensions have begun to resolve recently, NVIDIA's dynamic energy has also increased.
According to the report, some people on Huaer Street predict that NVIDIA's market value is expected to more than double in the next few years. For example, Beth Kindig, chief technology analyst at I/O Fund, predicted that by 2030, NVIDIA's market cap could reach $10 trillion. Beth Kindig believes that the AI field will continue to drive NVIDIA's growth, predicting that it will bring nearly 19% of reports each year by the end of this century.