Home Economy Nvidia Overtakes Tesla in Trading Volume, Emerges as Top U.S. Stock

Nvidia Overtakes Tesla in Trading Volume, Emerges as Top U.S. Stock

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The Nvidia logo appears on a smartphone screen. © News1 Reporter Park Hyung Ki

Nvidia has surpassed Tesla’s market capitalization and trading volume, solidifying its position as a leading stock in the U.S. market.

Vanda Research reported on the 21st that Nvidia represented 8% of all U.S. market trades in February, edging out Tesla, which accounted for 7%.

This marks a significant shift from February of the previous year, where Tesla dominated 22% of the total trading volume, compared to Nvidia’s 5%.

This advancement in trading volume is noteworthy, especially considering Nvidia had already surpassed Tesla in market capitalization.

As of the 20th, Nvidia boasted a market capitalization of $1.72 trillion, significantly outpacing Tesla’s $617 billion and roughly three times larger.

Nvidia has truly become a leading stock in the U.S. market.

sinopark@news1.kr

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