It’s official: Nvidia is now worth more than Meta

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Nvidia is now a bigger firm than social media large Meta. In a meteoric flip of occasions, Nvidia has surged to grow to be the seventh largest firm within the US, regardless of being nowhere shut only some years in the past, and helped alongside by Meta’s current share value collapse.

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Meta’s fall from inventory market grace this previous week noticed 30% of its share worth worn out, leaving it with a complete worth in shares, or market cap, of simply $615.70B (at time of writing). That is clearly nonetheless rather a lot of cash, however it’s notably much less cash than it was value originally of final week—round $260B much less.

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