Nvidia becomes one of the top three largest companies by market cap


03/05/2024

Nvidia is now the third-biggest company in the world with a higher market valuation than Saudi Aramco.



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According to trading statistics, U.S. video card developer Nvidia has surpassed Saudi Aramco, the country's state-owned oil and gas company, in terms of valuation, moving up to third place.

Prior to the start of U.S. main trading on Monday, Nvidia's market value was $2.025 trillion, whereas Aramco's was roughly $2.012 trillion.

Apple (2.774 trillion) is ranked second in terms of global capitalization, behind US-based Microsoft (3.087 trillion).

source: cnn.com