University of Kwazulu-Natal

Nvidia Just Dwarfed Zuckerberg Musk Buffett Benzinga

Bonisiwe Shabane
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nvidia just dwarfed zuckerberg musk buffett benzinga

Tech giant NVIDIA Corporation (NASDAQ:NVDA) became the first company to be valued at more than $4 trillion on Wednesday, beating out the likes of Microsoft Corp (NASDAQ:MSFT) and Apple Inc (NASDAQ:AAPL) to accomplish the... Just how big is Nvidia now with a $4 trillion market capitalization? Here's a comparison. What Happened: Nvidia has surged in value in recent years, passing the $4 trillion milestone around two years after first joining the $1 trillion market capitalization club. While Apple was the first U.S. company to hit the $1 trillion, $2 trillion and $3 trillion market capitalization milestones, Nvidia jumped those, hitting $4 trillion first and is the world's most valuable company.

Nvidia is trading down on Thursday and slightly under the $4 trillion market cap with a current value of $3.96 trillion. Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker, according to a U.S. Securities and Exchange Commission filing. The sale, which totals 225,000 shares, comes as part of Huang's previously adopted plan in March to unload up to six million shares of Nvidia through the end of the year. He sold his first batch of stock from the agreement in June, equaling about $15 million. Last year, the tech executive sold about $700 million worth of shares as part of a prearranged plan.

Nvidia stock climbed about 1% Friday. Huang's net worth has skyrocketed as investors bet on Nvidia's AI dominance and graphics processing units powering large language models. The 62-year-old's wealth has grown by more than a quarter, or about $29 billion, since the start of 2025 alone, based on Bloomberg's Billionaires Index. His net worth last stood at $143 billion in the index, putting him neck-and-neck with Berkshire Hathaway's Warren Buffett at $144 billion. The week gone by was a whirlwind of tech news, with major players like Elon Musk and Mark Zuckerberg making headlines. From Musk’s cheeky comment on Nvidia’s stock plunge to Zuckerberg’s Meta outperforming other AI models, the tech industry was buzzing with activity.

Here’s a quick recap of the top stories: Nvidia Corp. NVDA saw a sharp 10% decline in its stock, resulting in a staggering $211 billion loss in market capitalization. This marked the second-largest single-day loss in the history of the U.S. stock market. Elon Musk, CEO of Tesla Inc., couldn’t resist poking fun at the situation, referring to the 10% decline as “rookie numbers” on X, formerly Twitter.

Read the full article here. Zuckerberg’s Meta Outperforms in AI Benchmark Tests Meta Platforms Inc. META, led by Mark Zuckerberg, revealed that its new large language model, Llama 3, has surpassed other AI models in benchmark tests. However, OpenAI’s latest flagship model, GPT-4, was notably absent from its comparison. The new model is expected to be available to cloud providers like Amazon.com Inc.’s AMZN Amazon Web Services (AWS) soon.

Read the full article here. See Also: Elon Musk Can’t Hold Back Laughter As Jack Dorsey Calls Mark Zuckerberg A ‘B** Simp’ Over Decade-Old Snide Remark About Twitter Some of Big Tech’s top leaders will be heading to Washington, D.C. soon to attend President-elect Donald Trump’s inauguration on Monday. Among them are Jeff Bezos, whose Blue Origin finally launched its New Glenn rocket into orbit this week, and Meta CEO Mark Zuckerberg, who is reportedly planning to cut 5% of the tech giant’s... Read about this and more in this week’s tech news roundup.

President-elect Donald Trump is expected to be joined by friends, family, and major technology firm CEOs when he’s sworn in as the next president of the U.S. on Monday. Taiwan Semiconductor Manufacturing Company’s (TSM) U.S.-listed shares rose by more than 6% at the market open on Thursday morning. Jeff Bezos’ Blue Origin on Thursday morning finally launched its massive New Glenn rocket into orbit, snagging a big win after years of delays. It’s been described as the most important company in the world at the moment. But new concerns surrounding Nvidia, the chipmaker powering the artificial intelligence revolution — and which this summer became America’s second-largest public company, behind Apple, when its valuation surpassed $3 trillion — have prompted a...

On Tuesday, Nvidia shares dropped 9.5%, erasing $278.9 billion from the company’s value — the biggest such single-day loss ever for a U.S. stock. A host of factors appear to have helped drive the sell-off, which also sparked losses in broader market indexes like the Nasdaq Composite and Dow Jones Industrial Average. Nvidia’s stock has become a bellwether for the global economy as a whole, as it has helped drive a boom in investment from large tech companies that have looked to AI to drive new...

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