[Market] has been the global market capitalization leader for less than a week, and has pulled back sharply for two consecutive days, making the market value of Nvidia, the "king of AI", retreat to third.
In trading on Friday (June 21), Nvidia (NASDAQ: NVDA) shares fell more than 3%, and fell 3.5% on Thursday, falling 6.6% for two consecutive days, with the stock price falling by $9 and the market value evaporating by more than $220 billion (more than 1.6 trillion yuan), which was more volatile.
Nvidia's market value evaporated by $220 billion in two days, surpassing the total market value of Alibaba or Pinduoduo, and the total market value of these two domestic e-commerce giants is currently less than $200 billion, and the total market value of Pinduoduo is slightly better. If measured at the RMB exchange rate, it is equivalent to losing the market value of CNOOC (600938), whose latest market value is 1,522.1 billion yuan.
The market capitalization of Apple (AAPL) and Microsoft (MSFT) has also taken advantage of the trend to achieve a reversal against Nvidia.
The latest market capitalization shows that Microsoft's market capitalization is $3,342.9 billion, Apple's market value is $3,181.7 billion, and Nvidia's market value is $3,113.6 billion, which is less than $70 billion behind Apple and about $230 billion behind Apple. In fact, Apple's market value has also rebounded for 3 days, and Microsoft's stock price finally stopped falling on Friday after a slight drop for two days.
The U.S. stock market is currently worth more than a trillion dollars, along with Amazon, Google and Facebook, and TSMC has a market value of more than $900 billion.
According to wind data, at present, more than 5% of Nvidia's shareholders are institutions, namely Vanguard Group holds 8.3%, BlackRock holds 7.33%, and Fidelity Fund holds 5.19%.
Huang Jenxun, the Chinese founder and CEO of Nvidia, holds about 3.8%, and although he reduced his holdings this week, it does not affect his status as the richest Chinese man.
Even though Nvidia's stock price fell for two consecutive days, Huang's stock market value was still $118.3 billion, equivalent to about 860 billion yuan.