Nvidia achieved a valuation of $4 trillion, equivalent to Japan's GDP, highlighting its significance in the tech industry. The company has only around 36,000 employees, showing its immense value per employee. The rise in demand for Nvidia products primarily comes from cloud providers and Big Tech firms, intensifying competition yet driving growth. Together with other tech giants, the combined market value nears $17 trillion, emphasizing their economic influence. In 2024, these companies' net income reached almost $500 billion, illustrating their substantial profitability in comparison to national budgets.
Nvidia became the first $4 trillion company, an achievement that highlights the unparalleled value of tech companies in today's economy, drawing comparisons to entire nations' GDPs.
The primary buyers of Nvidia products are cloud providers like Amazon, Microsoft, and Google, indicating the strong demand driven by the growth in AI technology.
Combined, the market value of Amazon, Microsoft, Google, Apple, and Nvidia totals over $17 trillion, nearly equal to China's GDP, showcasing their immense economic power.
In 2024, the net income of major tech companies, including Nvidia and its competitors, reached almost $500 billion, significantly surpassing the US annual defense budget.
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