Nvidia Surpasses Combined Value of Russell 2000 Index by Nearly $2 Trillion

Nvidia's market capitalization has reached $5.4 trillion, surpassing the combined value of all companies in the Russell 2000 index.

According to Charlie Bilello of Creative Planning, this is a staggering difference: 'Nvidia's market cap of $5.4 trillion is nearly $2 trillion higher than all of the companies in the Russell 2000 combined.'

The disparity can be attributed to Nvidia's impressive profitability, with the company generating $193 billion in profits over the last year.

In contrast, the Russell 2000 members collectively lost $13 billion during this period.