Nvidia Joins Exclusive Club of Trillion-Dollar Companies
June 16, 2023
☀️Trending News
Nvidia Corporation ($NASDAQ:NVDA), a global leader in gaming and visualization technologies, recently joined the exclusive club of trillion-dollar companies. With a market value temporarily surpassing one trillion dollars, it solidified its standing as a giant among tech giants, alongside Apple, Amazon, Alphabet and Microsoft. NVIDIA Corporation is a technology company that specializes in the design and manufacture of graphics processing units (GPUs). NVIDIA’s products are used in a variety of industries, from gaming and entertainment to healthcare and automotive. Its consumer-facing services include GeForce and SHIELD TV for gaming, and the GeForce NOW streaming platform.
Additionally, the company’s AI platform for developers, NVIDIA AI Platform, makes data science and machine learning easier for developers of all levels. NVIDIA is widely respected for its cutting-edge technologies and its dedication to pushing the boundaries of innovation. Nvidia’s recent milestone demonstrates its remarkable success in the tech industry. As the fifth company to join the trillion-dollar club, it is now one of the most prominent companies worldwide. This achievement further cements Nvidia’s reputation as an industry leader in the gaming and visualization markets.
Share Price
On Monday, NVIDIA CORPORATION joined the exclusive club of trillion-dollar companies, when its stock opened at $392.0 and closed at $394.8, up by 1.8% from prior closing price of 387.7. This impressive milestone cements NVIDIA’s place as one of the most successful and innovative companies in the world. It also reflects the immense trust shareholders have in the company’s products, services, and direction. With this latest achievement, NVIDIA is well positioned to continue making a mark in the technology sector for years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nvidia Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 25.88k | 4.79k | 18.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nvidia Corporation. More…
| Operations | Investing | Financing |
| 6.82k | 3.92k | -9.55k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nvidia Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 44.46k | 19.94k | 8.94 |
Key Ratios Snapshot
Some of the financial key ratios for Nvidia Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 30.0% | 9.1% | 18.7% |
| FCF Margin | ROE | ROA |
| 19.7% | 13.7% | 6.8% |
Analysis
At GoodWhale, we provide investors with an in-depth analysis of the fundamentals of NVIDIA CORPORATION. Our Risk Rating provides investors with an idea of the financial and business risks associated with investing in NVIDIA CORPORATION, and it rates the company as a medium risk investment. Our team has also identified two risk warnings in NVIDIA CORPORATION’s balance sheet and financial journal. To find out more, register with us to get access to the full report. We will be able to provide you with our detailed analysis, helping you make an informed investment decision. More…
Peers
Nvidia Corporation is an American technology company headquartered in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SOCs) for the mobile computing and automotive market. Nvidia’s primary GPU product line, labeled “GeForce”, is in direct competition with Advanced Micro Devices’ (AMD) “Radeon” products.
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VeriSilicon Microelectronics Shanghai Co Ltd is a fabless semiconductor company that designs, develops, and markets integrated circuits (ICs) and other semiconductor products. The company’s product portfolio includes power management ICs, digital signal processors, and other mixed-signal ICs for a range of end markets, including automotive, consumer, industrial, and communications. VeriSilicon Microelectronics Shanghai Co Ltd was founded in 2001 and is headquartered in Shanghai, China.
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JMicron Technology Corp is a leading provider of innovative semiconductor solutions. The company’s products include high-speed data converters, storage controllers, and Ethernet controllers. JMicron’s products are used in a variety of applications including consumer electronics, computing, and storage. The company has a market cap of 4.02B and a return on equity of 10.28%. JMicron is a publicly traded company on the Taiwan Stock Exchange.
Summary
NVIDIA CORPORATION is an attractive investment opportunity due to numerous factors. The company is well-positioned in the semiconductor industry, which has seen strong growth in recent years. NVIDIA’s products have found strong acceptance in the consumer and professional markets, and its GPU platforms are supported by a wide range of partners. Furthermore, its commitment to innovation has kept it ahead of the competition.
The company’s strong balance sheet and cash flow position make it a secure long-term investment. Overall, NVIDIA’s potential for future appreciation makes it an attractive option for investors.
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