The artificial intelligence boom that continues to this day has predictably made Nvidia the main beneficiary of this trend in terms of share price performance, as it rose 179% over the previous 12 months. The company ended last year at a capitalization of $3.28 trillion, having increased it over the year by more than $2 trillion.
Image source: NVIDIA
As Reuters explains, this does not turn Nvidia into the largest public company in the world, since this title was snatched by Apple by the end of the year with its capitalization of $3.78 trillion, but Nvidia had no equal in terms of growth rates. The same Apple, for example, increased its own capitalization by the end of 2024 by only $791 billion. Microsoft Corporation, which closes the top three public companies with a capitalization of more than $3 trillion, added only $339 billion.
In terms of the dynamics of capitalization growth, Amazon was only slightly inferior to Apple, adding $737 billion over the year, but Meta✴ and Alphabet (Google) each added $568 billion. Among component suppliers, we can note the progress of Broadcom, which increased its capitalization by $564 billion, but the largest in the world, the contract manufacturer of chips represented by Taiwanese TSMC increased its capitalization by only $351 billion, although it manufactures products for Nvidia and many other market leaders AI. Tesla’s additional $507 billion in capitalization for the year can be explained more by political factors than by technical progress or the company’s excellent financial performance.
Analysts at Wedbush Securities expect tech stock prices to rise 25% this year if the regulatory environment for AI companies improves with Donald Trump and his ally Elon Musk in office. . Over the next three years, the capitalization of participants in this market could grow by more than $2 trillion, according to experts.