Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    33 Best 123Anime Alternatives to Watch Free Anime

    November 30, 2023

    32 Best ev01 Alternatives To Watch Movies Free Online

    November 30, 2023

    33 Best OkAnime Alternatives to Watch Free Anime

    November 30, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    TechMazeTechMaze
    • Home
    • Business
    • Internet
    • Phones
    • Tech
    • Security
    • Lifestyle
      • Health
      • Home Improvements
      • Travel
      • Fashion
    • More
      • Apps
      • How To
      • Automotive
    TechMazeTechMaze
    Home » Nvidia Is Now Worth More Than Meta
    Internet

    Nvidia Is Now Worth More Than Meta

    Syed Mazhar AbbasBy Syed Mazhar AbbasSeptember 10, 20222 Mins Read
    nvidia is now worth more than

    Nvidia Is Now Worth More Than Meta

    Nvidia is now worth more than Meta: To become the seventh largest company in the United States, Nvidia has passed Meta (formerly Facebook) (8th worldwide). For one thing, Meta’s share price has been decreasing since its most recent earnings call.

    Meta’s share price dropped by roughly 30% in the past week. After a week, the corporation’s market value dropped by more than $260 billion. The current market worth of the company is $663.28 billion, down from a peak of $1 trillion in September of last year.

    Meta and Facebook collapse

    Meta’s stock value dropped as Facebook saw its first drop in user base since it launched. And by threatening to shut down Facebook and Instagram across Europe, Meta only helped seal its doom. The company later stated emphatically that leaving Europe was not in the cards.

    Nvidia’s persistence

    On the other side, Nvidia’s market cap is $665.48 billion, which places it close to Meta. Despite having a challenging week, Nvidia has managed to get all of this done due to the FTC prohibiting the company’s $40 billion acquisition of ARM. Today, Nvidia’s market valuation is around $720 billion, placing it sixth overall, just below Berkshire Hathaway.

    Given the continuing shortage of semiconductors, you might wonder how this is possible. Surprisingly, the corporation turned a healthy profit in the fourth quarter of 2021. The growing popularity of working from home may be to blame for this surge in PC sales.

    Related posts:

    1. Bulk Email Service Providers – Top 10
    2. ERR_NETWORK_CHANGED [FIX]
    3. How to Do an Advanced Search on Facebook
    4. Fix This site can’t be reached error in Gooogle Chrome
    5. Fix wifi not showing up windows 10
    See also  33 Best ZiniTevi Alternatives To Watch Movies Free Online

    Leave A Reply Cancel Reply

    Don't Miss

    33 Best 123Anime Alternatives to Watch Free Anime

    By Thomas RiemerNovember 30, 2023

    Best 123Anime Alternatives: 123Anime is another good option for anime fans who want to stream…

    32 Best ev01 Alternatives To Watch Movies Free Online

    November 30, 2023

    33 Best OkAnime Alternatives to Watch Free Anime

    November 30, 2023
    Windows 10 Freezes on Startup

    Windows 10 Freezes on Startup [SOLVED]

    November 30, 2023
    hacking with cmd

    List of 10 Best CMD Commands for hacking with cmd

    November 30, 2023
    © 2023 TechMaze, All Rights Reserved. Submit a Guest Post

    Type above and press Enter to search. Press Esc to cancel.