NVIDIA capitalization for the first time in history exceeded $1 trillion - the company entered the club with Apple, Amazon, Alphabet and Microsoft

NVIDIA became the fifth company to reach $1 trillion in market capitalization.Stock price since the beginning of this year

has grown more than 2.5 times.

What is known

After the quarterly report, NVIDIA shares beganrise in price rapidly. One day, the company's market capitalization grew by almost $200 billion. The graphics chip maker has no plans to stop. He predicts that sales in the current quarter will reach $11 billion.

In order for NVIDIA's market capitalization to exceed $1 trillion, the value of the securities must be at least $400.86. At the time of writing, the shares are trading at $401.11 per share.

NVIDIA became the fifth company with a capitalization of $1 trillion and above. The list also includes Amazon ($1.232 trillion), Alphabet ($1.587 trillion), Microsoft ($2.475 trillion) and Apple ($2.759 trillion).