The world

Updated Friday, February 23, 2024-17:55

  • Algorithm Nvidia's stock market value skyrockets, equivalent to that of Inditex, Santander and Repsol combined

  • Money and investment There is no 'bubble' to burst at Nvidia

The furor over Nvidia's actions seems to have no end.

In less than a week, the company overtook Google and Amazon to position itself as the fourth most valuable company in the world, soared on the back of results that beat all expectations and now adds a new milestone:

reaching 2 trillion dollars

(1 .85 billion euros) in capitalization in a party that seems to have no end.

After the opening of Wall Street,

Nvidia shares rose by 4.9%

to reach a new intraday historical high of $823.94, with a revaluation of more than 60% so far this year and around 240% in the last twelve months, according to

Europa Press


The capitalization of the company, which yesterday was above 1.9 trillion dollars (1.75 trillion euros), reached 2.05 trillion dollars (1.89 trillion euros) in the first minutes of negotiation, although it has subsequently moderated its progress and is now located right on the line that marks the arrival of two billion.

The technology company has the world podium within reach

, whose last place is occupied by

Saudi Aramco

, the oil company of the Arab monarchy, which is slightly above 2 billion euros.


(2.82 billion) and


are further away

, the only company in the world with a capitalization of over 3 billion dollars.

The manufacturer announced this Wednesday at the close of markets that, in its last fiscal year, ended in January, it achieved a

net profit of 29,760 million dollars

(27,526 million euros), which represents an increase of 581% compared to the profits of 4,368 million dollars (4,040 million euros) from the previous year.

Nvidia's revenue between February 2023 and January 2024 totaled a record of 60,922 million dollars (56,350 million euros), which represents an advance of 125.8% compared to the previous year, with an annual growth of 217 % in the billing of the data center business, with 47,500 million dollars (43,935 million euros).

Likewise, revenue from the games business grew by 15% in the year, to 10,400 million dollars (9,619 million euros), while the visual area increased its sales by 1%, to 1,600 million dollars (1,480 million euros). ) and the automotive sector by 21%, up to 1,100 million dollars (1,017 million euros).

Likewise, facing the first quarter of the current fiscal year,

Nvidia expects to achieve a record quarterly revenue figure

of around 24,000 million dollars (22,199 million euros), which would triple the turnover of the same period of the previous year and increase by 8.6% sales sequentially.