Nvidia’s Trillion-Dollar: AI, GPUs, and a Whole Lot of Zeros in 4 Trivia Facts

In a world where zeros matter, Nvidia Corp, a leading chipmaker, added a few more to its value. On May 30, 2023, Nvidia briefly joined the exclusive club of US companies with a $1tn market value. This club includes tech titans – Apple, Alphabet, Microsoft, and Amazon. But how did Nvidia, known for its graphics processing units (GPUs), essential for running complex AI models, manage to dance its way into this elite gathering? Here are the facts.

1. The Rise: From Silicon Valley to Wall Street

Nvidia’s stock value has tripled in less than eight months and gained about 200% since October 2023. The company’s shares closed 3% higher at $401.11 on Tuesday, May 30, 2023, briefly reaching a $1 trillion market value in intraday trading. This surge in value has made Nvidia one of the few US companies to reach a $1 trillion valuation. It’s like being invited to the most exclusive party in town, and Nvidia just got its golden ticket.

2. The Secret Sauce: AI and GPUs

The company’s rapid growth is due to its GPUs, critical to generative AI platforms. As a result, Nvidia’s revenue forecast surpassed Wall Street’s by more than 50%, something some analysts called “unfathomable” and “cosmological.” It’s like Nvidia has discovered an alternate universe where stars are silicon and galaxies are powered by AI.

3. The Captain: Jensen Huang at the Helm

Nvidia’s CEO, Jensen Huang, has led the company’s pivot to the data center market over the last few years. This market has seen significant expansion during the pandemic due to increased gaming, cloud adoption, and crypto mining.

4. The Future: More Zeros on the Horizon?

Nvidia’s surge in value has also sparked a rally in AI-related stocks and boosted other chipmakers. Despite the high valuation, analysts believe Nvidia’s AI chips business has room for growth as generative AI technology is still nascent, with wide adoption expected in the future.

News Trivia Quiz Time – The Trillion Dollar Quiz

Now that you know all the facts about Nvidia’s trillion-dollar value, how about a news quiz?

The Trillion Dollar Quiz

5 Quick General knowledge multiple-choice questions about the trillionaires of the world. Click “Start quiz.” new facts follow each entry.

1 / 5

How many zeros in a trillion (in the UK/US English meaning)?

Photo: Manuel Dohmen, CC BY-SA 3.0, via Wikimedia Commons

12.

11.

10.

9.

A trillion is a million million, or ten to the twelfth power, which means it’s written 1 and 12 zeros.

Facebook’s Trillion 2021 fact:

As of June 28, 2021, Facebook’s value went over the $1-trillion-mark for the first time in its history.

2 / 5

How many trillionaires live in the world?

Photo: US Secretary of Defense

None.

2.

12.

22.

There are no living trillionaires – yet. As of June 1, 2023, Elon Musk has retaken the title of the world’s wealthiest person, surpassing, once again, luxury tycoon Bernard Arnault. Musk’s wealth is now valued at roughly $192.3 billion, while Arnault’s is approximately $186.6 billion.

When will we see the world’s first trillionaire?

In its 2014 Global Wealth Report, Credit Suisse predicted 11 trillionaires walking the earth within two generations.

3 / 5

How many billions in a $1 trillion?

Image: Godot13 / Smithsonian Institute, Public domain, via Wikimedia Commons

10

100

1,000

1,000,000

In the ordinary US/UK meaning, a trillion is 1,000 billion.

Trillion Fun Fact

It’s worth mentioning that older British and Australian “long scale,” a trillion would mean one million billion – but long scale terms are not commonly used to describe wealth.

4 / 5

Which of these companies are worth over $2 trillion?

Apple Inc. and Amazon.

Apple Inc. and Microsoft.

Amazon and Alphabet Inc.

Alphabet Inc. and Facebook.

As of January 3, 2022, Apple Inc is worth $3 trillion, and Microsoft is closely trailing behind, Amazon and Alphabet Inc. are worth over $1.5 trillion each, and Facebook is worth around $1 trillion.

5 / 5

What year saw Tesla break the $1 trillion market worth barrier?

Screenshot: CNET Highlights on YouTube

2021.

2020.

2019.

2018.

Tesla became the sixth company in US history worth $1 trillion on Oct. 25, 2021. It’s also the second-fastest to achieve that milestone after Facebook. The newly-named Meta Platforms first passed the $1 trillion barrier on June 28, 2021.

Will Elon Musk end world hunger?

Tesla chief executive Elon Musk posted on Twitter on Sunday, Oct. 31, 2021, “If WFP (UN World Food Programme) can describe on this Twitter thread exactly how $6 billion will solve world hunger, I will sell Tesla stock right now and do it.” That sum would equate to roughly 2% of Musk’s net wealth.

What did the World Food Programme ask from Musk?

Musk’s tweet came after WFP director David Beasley challenged the world’s two richest men, Jeff Bezos and Musk, to “step up now, on a one-time basis” to help solve world hunger in an interview with CNN. Beasley replied to Musk’s post on Twitter, saying, “Your team can review and work with us to be confident of such. $6 billion will not solve world hunger, but it WILL prevent geopolitical instability and mass migration and save 42 million people on the brink of starvation.”

LinkedIn Facebook Twitter VKontakte

Retake quiz

• April Entertainment Quiz
• May 5 News Quiz
• Oscars Quiz 2023

Sources

We cross-checked our facts about Nvidia’s trillion-dollar value with the world’s leading news providers. Here are the articles we read for this post.

• Sky News: AI chipmaker Nvidia joins tech giants to be worth $1trn
• BBC News: Nvidia briefly worth $1 trillion thanks to AI boom
• Reuters: Nvidia briefly joins $1 trillion valuation club
• The Guardian: Nvidia becomes first chipmaker valued at more than $1tn amid AI boom