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Stock impact report

The World's Largest Semiconductor Companies 2024: Why Nvidia Is The Hottest Stock Of The Decade [Forbes]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Forbes
The first two companies to eclipse a $3 trillion market cap in the last two years, Apple and Microsoft, have been well-known names since the 1980s, but the third would likely have come as a shock to even the most astute investors a decade ago. When Nvidia reached $3 trillion last week just three months after crossing $2 trillion, it marked another milestone in a bull run that still isn't slowing down. The semiconductor designer has been the biggest winner of the generative AI boom since ChatGPT was introduced in November 2022, rising eightfold since then. Based in Santa Clara, California, Nvidia wasn't even in the top 1,000 of the Forbes Global 2000 ranking the world's largest public companies until 2017, but it has steadily risen in the rankings to its perch at No. 110 this year, 131 spots higher than last year. The list weights market value, revenue, profit and assets equally using the last 12 months of data as of May 17, and Nvidia still trails hundreds of companies in sales a Show less Read more
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