Thursday, July 9th 2020
NVIDIA Surpasses Intel in Market Cap Size
Yesterday after the stock market has closed, NVIDIA has officially reached a bigger market cap compared to Intel. After hours, the price of the NVIDIA (ticker: NVDA) stock is $411.20 with a market cap of 251.31B USD. It marks a historic day for NVIDIA as the company has historically been smaller than Intel (ticker: INTC), with some speculating that Intel could buy NVIDIA in the past while the company was much smaller. Intel's market cap now stands at 248.15B USD, which is a bit lower than NVIDIA's. However, the market cap is not an indication of everything. NVIDIA's stock is fueled by the hype generated around Machine Learning and AI, while Intel is not relying on any possible bubbles.
If we compare the revenues of both companies, Intel is having much better performance. It had a revenue of 71.9 billion USD in 2019, while NVIDIA has 11.72 billion USD of revenue. No doubt that NVIDIA has managed to do a good job and it managed to almost double revenue from 2017, where it went from $6.91 billion in 2017 to $11.72 billion in 2019. That is an amazing feat and market predictions are that it is not stopping to grow. With the recent acquisition of Mellanox, the company now has much bigger opportunities for expansion and growth.
If we compare the revenues of both companies, Intel is having much better performance. It had a revenue of 71.9 billion USD in 2019, while NVIDIA has 11.72 billion USD of revenue. No doubt that NVIDIA has managed to do a good job and it managed to almost double revenue from 2017, where it went from $6.91 billion in 2017 to $11.72 billion in 2019. That is an amazing feat and market predictions are that it is not stopping to grow. With the recent acquisition of Mellanox, the company now has much bigger opportunities for expansion and growth.
136 Comments on NVIDIA Surpasses Intel in Market Cap Size
Anyone remember McAfee, yeah none does :slap:
In the early days of PC graphics accelerator cards they used some pretty underhand tactics against its competitors to ensure they survived and others didn't.
www.theregister.com/1999/10/21/real3d_dead_intel_buys_bones/
Intel made the first AGP grapgics cards with Real3D and it was an epic fail that killed Real3D, Intel bought its remains while ATI hired a lot of Real3D staff.
Intel has form when it comes to these sorts of missed opportunities.
Maybe not 'trick', but like every architectural possibility.
It was in context for some rationalisation of a mishap. I found it peculiar.
It was some short grey haired lady wearing a denim shirt. Need pointers...
On topic, Nvidia should thank Mining, Covid 19, gambling, rumours and disinformation. Not saying that Intel is better thought. But Nivida is now officially (humanly) worse than Intel.
Edit: Oh and Nvidia should also thank AMD for acquiring ATI and pull it out of the competition
Lol,I dont know what's funnier,the contents of this paragraph or the fact it starts with "on topic"
We need AMD GPUs to be competitive more than ever.