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If you went back 25 years ago and invested $10,000 in Nvidia when it went public (and held on through the ups and downs), how much would your initial investment be worth today?
Ann analysis The answer from The Motley Fool, a 31-year-old financial services company, is more than $30 million.
According to the analysis, this is more than double the investment value at the end of 2023 ($12 million) and 30 times the investment income at the end of 2017 ($1 million).
Related: Elon Musk, Dell and NVIDIA team up on AI Factory and supercomputers
Nvidia was founded in 1993. Listed Six years later, in January 1999, it first traded at $12 per share.
The tech giant is one of the “Magnificent Seven,” a term coined in the 1960s. 2023 Let’s discuss notable performances from Amazon, Alphabet, Apple, Meta, Nvidia, Microsoft, and Tesla. Impact In addition to being part of this group on the market, Nvidia also leads the way in performance.
As of Monday, NVIDIA Year-to-date returns have been approximately 147%. Meta 41% Alphabetical 30.55 percent.
Amazon, Microsoftand Tesla Year-to-date returns are 29%, 20.26%, and -16%, respectively.
NVIDIA alone has accounted for a third of the S&P 500’s gains this year.
Related: NVIDIA CEO Jensen Huang reveals competitive strategy
The reason for Nvidia’s growth is its key position in the AI boom. Nvidia’s graphics processing units (GPUs) are 30 years It is the brains behind ChatGPT that power the visuals of video games, laptops, and more.
CEO Jensen Huang Been formed In 2016, it partnered with OpenAI to donate an AI supercomputer to Nvidia. Nvidia now controls 80% of the AI chip market and owns tens of thousands of chips. Power ChatGPT and other AI.
Nvidia CEO Jensen Huang. Photo by I-HWA CHENG/AFP via Getty Images
Nvidia’s growth has benefited some of its long-time employees, who receive stock bonuses. Reportedly He encouraged these “semi-retired” employees to become CEOs of their time.
Related: An employee who worked for this company for the past five years is now a “semi-retired” millionaire.
Nvidia currently leads the AI chip market, but competition from incumbents is intensifying. Intellike a startup etchingNVIDIA is also targeting its own customers. About 40% of NVIDIA’s revenue comes from Believed It will be offered by Microsoft, Meta, Amazon and Alphabet.