World's Largest Company Emerges: Market Value Surpasses $24 Trillion, 18 Times Alibaba's Total

Since the release of the iPhone 16 in September, Apple's popularity has remained high. However, many people believe that Apple is facing a bottleneck in terms of mobile phone innovation, given the current speed of iPhone updates and the designers' somewhat limited creativity. After all, for many years in a row, there hasn't been much change in the appearance of iPhones. If there is any change, it might be internal, but this doesn't provide a significant experience for users.

However, while Apple has been "quietly moving forward" for so many years, another American company has "broken through the encirclement" with strength, directly becoming the "largest company in the world." Its market value has exceeded 24 trillion yuan!

In June this year, NVIDIA's stock price reached a new high, with the company's market value soaring to 3.34 trillion US dollars. This data has actually caused a great sensation. It is important to note that before this, Microsoft and Apple have always been popular companies on the list, and their market values have always been high. NVIDIA's innovative data has directly surpassed Microsoft and Apple, becoming the company with the highest market value in the world.What exactly is the concept of $3.34 trillion?

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It is no exaggeration to say that in 2023, the annual GDP of the United Kingdom was only $3.33 trillion.

A country's GDP can reflect the overall scale and economic structure of that country, and it is also a very important measure of a country's economic condition and development level.

However, as a company, NVIDIA's market value is already equivalent to the annual GDP of a country.

If converted to our country, this data is roughly equivalent to 24 trillion yuan.

At present, the company with the highest market value in our country should be Tencent, with a market value of about 3.91 trillion yuan, so NVIDIA is roughly equivalent to six or seven Tencents, or about 18 Alibabas.

This data is indeed very "terrifying" because the market value of this one company may be higher than the sum of the top ten companies with the highest market value in our country.

This data is indeed to the extent that it is "incredible."

And this is not just a number, but also represents the "aspects" of this company.

After 2022, in addition to some gamers knowing about NVIDIA, perhaps many people do not understand what it is doing, because it is not a manufacturer of products such as chat shopping, search engines, etc.For instance, when we mention Microsoft, we immediately recognize it as a company that develops software and operating systems. When we think of Apple, we can envision iPhones. However, when it comes to NVIDIA, what do we recall?

This might indeed be a question that few people can answer, as not many are aware of what the company does or why it has ascended to the "throne" of the world's highest market value.

What exactly does NVIDIA do?

We might not know what NVIDIA does, but we cannot claim that we have never used their products. This company's business encompasses the design, development, and sales of high-performance graphics processing units (GPUs), data center processors, networking processors, and various system-level solutions and software.

It might sound overwhelming, as there are so many things involved, and none of them seem to be within our realm of understanding. But to put it simply, they essentially enable you to experience "flying" speeds when playing games, watching videos, or using your phone or computer in daily life.

Speaking of this, many people first think of the CPU processor, feeling that it must be similar to the CPU. There is some truth to the similarity, but there are also significant differences between the two.

In 1999, NVIDIA launched the world's first accelerated computing product, the GPU, a chip that plugs into a PC motherboard to enhance the computational power of the CPU.Inside a GPU, there are hundreds or even thousands of computing cores, which enables it to perform some very intensive or a large amount of parallel computations. The biggest difference between it and a CPU is actually "logic". The existence of a CPU is like various professors in a university, any difficult problem they can solve. The GPU, on the other hand, is like an elementary school student, only capable of solving some of the most basic problems. However, we can think about it, the strength of a university professor is rare to cultivate, and their salary may be relatively high. As for elementary school students, they are very easy to find, and for some programs that require a large amount of computation, dozens or even hundreds of students who only know addition, subtraction, multiplication, and division are definitely faster than a university professor. This is also a certain extent of "the power of many". This is the biggest difference between the GPU and the CPU. In the GPU industry, NVIDIA has also reached the top rank. Their company founder, Huang Renxun, is also the "soul figure" of NVIDIA. After the establishment of this company, they have been continuously innovating and launching new products.With the explosive growth of the gaming market, they have also integrated their product advantages with game companies, which has brought NVIDIA a significant opportunity for development. After that, they did not choose to stand still but instead turned their attention to artificial intelligence and began technological innovation in this field. It is important to understand that although artificial intelligence sounds very high-end and advanced, its essence is actually the "chip." It requires a combination of mature technology and fast computation speed to form what appears to be a very intelligent "artificial intelligence." At this time, NVIDIA's GPU performance in artificial intelligence training and inference tasks is outstanding, making them a "hot commodity" in the field of artificial intelligence. Coincidentally, these years have been an era of rapid development and rise of artificial intelligence, with many companies moving in this direction and high demand for chips. Under these circumstances, NVIDIA's value has been further increased. Relevant data shows that it took NVIDIA 9 months to increase its market value from $1 trillion to $2 trillion, and only a little over 3 months to reach $3 trillion. In comparison, Microsoft and Apple took more than 900 days and over 1,000 days, respectively, to increase from $2 trillion to $3 trillion. This data is sufficient to demonstrate its strength.It's truly hard to believe that a company established for just over two decades can rise rapidly in a short period and stand at the pinnacle of global enterprises.

NVIDIA's success, in fact, conveys a message to everyone: technology is the primary productive force.