Nvidia's market value surpasses that of 112 Nikes, with a valuation of $5.65 trillion for AI
2026-10-04 04:02:14
CoinMeta data: The market value of Nvidia has reached $5.65 trillion, while the market value of Nike is approximately $50 billion, resulting in a valuation gap of about $5.6 trillion between the two. This contrast reflects broader changes in the U.S. stock market: capital continues to flow towards the infrastructure of AI, while traditional consumer brands are facing pressures of slowing growth and weak international demand. Nvidia reported revenue of $96.2 billion in the latest quarter, more than doubling year-over-year, with data center revenue surging by 117% to $89 billion, and net profit at $59.7 billion. In contrast, Nike reported quarterly revenue of $11.2 billion, a year-over-year decrease of 4%.
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Source:Coinpaper
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