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Meet The $757 Billion Shadow Company
I'm sure you all heard about Nvidia, but did you know that they are worth upwards of a trillion dollars at $757 billion? Just 5 years ago, the company wasn't even worth 10% of that coming in at less than $70 billion. However, with the cryptocurrency mining boom, the trend towards PC gaming, and the supply shortage, Nvidia's profit margins have skyrocketed and investors are more bullish than ever before. Nvidia sports more than a 30% net margin and it looks like their profit margins are only going up with time. But, it wasn't always this way. In the late 1990s, Nvidia was just 1 of 74 companies trying to break into the GPU market. And, in the early 2000s, Nvidia was constantly fighting for survival as the stock got crushed 90% twice during the dot-com crash and the 2008 financial recession. By the end of these fiascos though, Nvidia was the only independent GPU company remaining, and they've turned into dominating player today. This video explains the rise of Nvidia and how Jensen Huang built a $757 billion tech company that lurks in the shadows.
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