5 Largest Semiconductor Companies by Market Cap

2. NVIDIA Corporation (NASDAQ:NVDA)

Market Value as of  December 4, 2022: $420.6 billion

NVIDIA Corporation (NASDAQ:NVDA) is a leading chip designer and seller that has heralded an entirely new form of computing. This is done through graphics processing units (GPUs) which are crucial not only for gaming but also for artificial intelligence and machine learning.

NVIDIA Corporation (NASDAQ:NVDA) has had a rough 2022, as the combined effects of macroeconomic headwinds and the cryptocurrency market crash led to a drop in demand for its products and the market flooded with used GPUs. However, the company’s management expects the situation for its gaming GPUs to stabilize in the current quarter and return to sequential growth.

Insider Monkey’s Q3 2022 survey of 920 hedge funds revealed that 89 had bought NVIDIA Corporation (NASDAQ:NVDA)’s shares.

NVIDIA Corporation (NASDAQ:NVDA)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 12 million shares that are worth $1.4 billion.

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