Daily Management Review

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


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

EdTech Stanford University School of Medici
EdTech Stanford University School of Medici
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