NVIDIA Leads Surge in Market Value of US Tech Giants

Reported 8 months ago

In a recent strong performance by US tech giants, market values have reached new heights, with NVIDIA standing out by joining the 3 trillion USD market value club at 3.33 trillion USD, becoming the highest valued company among the 'Big Seven' in the US stock market. The company's achievement marks the third in the tech industry to surpass this milestone following Apple and Microsoft. With advancements in the AI field leading the market trend, the recent surge in US stocks has also pushed the Taipei stock market above 23,000 points, establishing NVIDIA as a trendsetting giant. According to Pocket Securities, the combined market value of the US 'Big Seven' exceeds 14.7 trillion USD, equivalent to the GDP of the world's fourth-largest economy. The total market value of NVIDIA, Apple, and Microsoft alone has surpassed 9 trillion USD, exceeding the total market value of the Chinese stock market. Among the US 'Big Seven', Tesla has experienced a significant downturn this year with a 25% drop, showing a different trend compared to last year, while NVIDIA has maintained a robust increase in market value, leading the surge among the US tech giants. The continuous rise in market value of US tech giants reflects investors' optimism towards the future development of the tech industry.

Source: YAHOO

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