Nvidia is now a $1T company

"Market cap stories (and price fluctuation stories generally) mostly aren't substantive enough to make interesting HN threads. They just turn into generic discussions about the underlying company or currency or whatever, and those are too repetitive to be interesting."

This one is no exception, with such threads should also apply to this one. Just like it did with Tesla and Facebook about them reaching $1TN. Right?

It is essentially a 'horse race story'.

[0] https://news.ycombinator.com/item?id=28990451

Re: Nvidia is now a $1T company

#5

Post by alberth » Tue, May 30, 2023, 2:35 PM UTC

Wow, 213x P/E ratio.

To put this into context with other large tech companies:

                 P/E    MARKET CAP
 Salesforce   1,036x    $0.2T
 AMD            519x    $0.2T
 NVIDIA         213x    $1.0T
 Amazon         293x    $1.25T
 Microsoft       35x    $2.4T
 Meta/FB         33x    $0.7T
 Apple           30x    $2.7T
 Google          27x    $1.5T
 TSMC            16x    $0.4T
 Samsung         10x    $0.3T

EDIT: "P/E" ratio is the Market Cap "Price" / Earnings the company generates. E.g. Samsung is generating $30B in earnings (not revenue, earnings), investors are valuing Samsung to be a $300B company. That means investors see Samsung is worth 10x P/E

Re: Nvidia is now a $1T company

#6

Post by EscapeFromNY » Tue, May 30, 2023, 2:38 PM UTC

Sooner or later we'll have to pull Facebook out of FAANG. Nvidia seems like a worthy replacement.

Re: Nvidia is now a $1T company

#7

Post by sdfghswe » Tue, May 30, 2023, 2:39 PM UTC

EscapeFromNY wrote: post #6

Sooner or later we'll have to pull Facebook out of FAANG. Nvidia seems like a worthy replacement.

NAANG

GNANA

ANGNA

Re: Nvidia is now a $1T company

#8

Post by gigatexal » Tue, May 30, 2023, 2:40 PM UTC

alberth wrote: post #5

Wow, 213x P/E ratio. To put this into context with other large tech companies: P/E MARKET CAP Salesforce 1,036x $0.2T AMD 519x $0.2T NVIDIA 213x $1.0T Amazon 293x $1.25T Microsoft 35x $2.4T Meta/FB 33x $0.7T Apple 30x $2.7T Google 27x $1.5T TSMC 16x $0.4T Samsung 10x $0.3T EDIT: "P/E" ratio is the Market Cap "Price" / Earnings the company generates. E.g. Samsung is generating $30B in earnings (not revenue, earnings),…

and the P/E of the SP500 is ~22

https://ycharts.com/indicators/sp_500_pe_ratio#:~:text=S%26P....

Re: Nvidia is now a $1T company

#9

Post by malpanim » Tue, May 30, 2023, 2:40 PM UTC

alberth wrote: post #5

Wow, 213x P/E ratio. To put this into context with other large tech companies: P/E MARKET CAP Salesforce 1,036x $0.2T AMD 519x $0.2T NVIDIA 213x $1.0T Amazon 293x $1.25T Microsoft 35x $2.4T Meta/FB 33x $0.7T Apple 30x $2.7T Google 27x $1.5T TSMC 16x $0.4T Samsung 10x $0.3T EDIT: "P/E" ratio is the Market Cap "Price" / Earnings the company generates. E.g. Samsung is generating $30B in earnings (not revenue, earnings),…

Why TSMC is having such a low PE. Aren't they are the one producing all these chips other than Intel?

Re: Nvidia is now a $1T company

#10

Post by sdfghswe » Tue, May 30, 2023, 2:41 PM UTC

alberth wrote: post #5

Wow, 213x P/E ratio. To put this into context with other large tech companies: P/E MARKET CAP Salesforce 1,036x $0.2T AMD 519x $0.2T NVIDIA 213x $1.0T Amazon 293x $1.25T Microsoft 35x $2.4T Meta/FB 33x $0.7T Apple 30x $2.7T Google 27x $1.5T TSMC 16x $0.4T Samsung 10x $0.3T EDIT: "P/E" ratio is the Market Cap "Price" / Earnings the company generates. E.g. Samsung is generating $30B in earnings (not revenue, earnings),…

What's the story with saleforce?