How you can make money from Nvidia - the world's new largest company By Patrick Tooher Updated: 18:22, 20 June 2024 e-mail 74 View comments It is the stock market success story of the century – and one that will shape the rest of our lives. Since going public on the eve of the Millennium, computer chip designer Nvidia has come from nowhere to become the world’s biggest company. The remarkable milestone was passed yesterday when its share price soared to a new high, overtaking tech giant Microsoft to value the Silicon Valley pioneer at $3.
34trillion (£2.6trillion). To put that into context, Nvidia’s stock market valuation now trumps the annual output of the entire British economy.
It’s been a truly stratospheric rise. In February, Nvidia became the fastest company ever to go from $1trillion to $2trillion. Astonishingly, it took just eight months.
Jensen Huang, 61, the Taiwan-born electrical engineering graduate who founded Nvidia alongside microchip designers Chris Malachowsky and Curtis Priem Nvidia originally made computer chips for video game software, but has since expanded its horizons to dominate the AI sector The latest surge means the company – whose chips have turbo-charged the meteoric rise of artificial intelligence (AI) – has seen its share price rise from under $4 in June 2019 to almost $136 today. That’s an incredible 3,477 per cent increase in five years. Can British investors still make a profit on Nvidia shares, or have you missed the boat if yo.