Nvidia Vs. Bitcoin: Jensen Huang-Led Chip Giant’s Stock Outperformed The Top Cryptocurrency Over 5 Years. Here’s How They Compare On Other Metrics
Artificial intelligence (AI) darling Nvidia Corp. (NASDAQ:NVDA) beat expectations yet again with impressive third-quarter revenue and earnings reported after Wednesday’s market close.
What happened: The world’s most valuable company disclosed third-quarter revenue of $35.1 billion and earnings per share of 81 cents, both beating analysts’ estimates.
The Jensen Huang-led firm has had a blockbuster run on equity markets in the last few years, multiplying investors’ money by orders of magnitude.
Indeed, Nvidia shares have exploded by 2,718% in the last five years, outperforming all well-known companies on Wall Street.
In comparison, Bitcoin (CRYPTO: BTC)—the world’s most valued cryptocurrency exerting a similar influence on the digital assets market—grew 1,171% over the last five years.
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