Last updated on December 8th, 2022 at 02:17 pm
Nvidia stocks up sharply
Nvidia first outperformed Intel in market capitalization
And thanks to this growth, Nvidia’s capitalization has grown to $ 250 billion, making the company the third-largest semiconductor giant on the market. Among other things, Nvidia for the first time overtook Intel in terms of capitalization. The latter is now $ 247 billion.
The increase in Nvidia’s performance is reportedly due to the upcoming release of next-generation gaming consoles and Ampere’s line of graphics cards. Analysts believe that the new consoles will once again push the market for computer graphics cards.
It can also be noted that over the year, Nvidia shares more than doubled in the price: from about $ 160 to the current $ 405.
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