Nvidia Stock Gained $1.5 Trillion To Surpass The FAANGs – Apple Is Next


  • Today, Nvidia Corporation surpassed a $2 trillion market cap compared to Apple’s $2.8 trillion. The company has surpassed Amazon, Google, Tesla, Meta and Netflix.
  • Nvidia’s data center revenue has grown more than 676%, from $2.37 billion in fiscal Q2 2022 to $18.40 billion in fiscal Q4 2024.
  • Nvidia’s forward P/E ratio is just above 32x at Friday’s close, which compares to a forward P/E ratio of more than 75x in its November 2021 peak.

Neihu Technology Park in Taipei, Taiwan.

BING-JHEN HONG/iStock Editorial via Getty Images

In August of 2021, my firm made a very bold prediction that Nvidia Corporation (NASDAQ:NVDA) would surpass Apple (AAPL) (AAPL:CA) in valuation. At the time, Nvidia was at a

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA, NFLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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