The three technology "giants" Nvidia, Microsoft and Apple have a total market capitalization of up to 10 trillion USD, creating the world's third largest economy.
It is estimated that the total market capitalization of the world's three most valuable companies reached $10,000 billion for the first time last night. All thanks to the sudden increase in the stock price of computer chip designer Nvidia.
Last week, Nvidia surpassed technology giant Microsoft to become the most valuable company in the world. Previously, earlier this month, the company surpassed iPhone manufacturer - Apple.
And yesterday, Nvidia stock price hit a record high - more than $140, giving Nvidia a market value of up to $3.5 trillion.
Meanwhile, Microsoft and Apple both have a capitalization value of about 3.3 trillion USD.
That means that if these three technology "giants" were an economy, this economy would be second only to the US and China in terms of scale.
But it is the remarkable rise of Nvidia – whose chips are driving the artificial intelligence (AI) revolution – that has really attracted investors' attention.
After only 8 months, the company increased its capitalization value from 1,000 billion USD to 2,000 billion USD - the fastest speed ever.
Immediately after that, Nvidia's capitalization value increased from 2,000 billion USD to 3,000 billion USD in just 30 trading days (from April 24).
Analysts at Deutsche Bank Investment Group said: "23 trading days is the fastest time a company has added $1,000 billion."
Accordingly, Nvidia has a higher value than the value of the UK stock market.
"Nvidia's share price won't continue to rise forever," said analyst Derren Nathan of investment platform Hargreaves Lansdown.
Currently, Nvidia also faces increasing competition from "rival" chip manufacturers. However, the company still counts large companies such as Microsoft, Apple, Amazon and Alphabet as customers.
On the other hand, Nvidia has in fact focused on the market for both AI hardware and related software - expected to have the fastest sales growth in the next decade.
Rosenblatt Securities analyst Hans Mosesmann said that Nvidia's stock price could reach $200, helping the company reach a market value of $5,000 billion.
Many investors have reaped huge profits from the rapid increase in Nvidia stock price. Funds or companies tracking technology in the US stock market are also benefiting as Nvidia is on track to become the best-performing S&P 500 stock for the second year in a row.

