Nvidia CEO Downplays Market Cap: 'We're Still a Small Company'

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Despite Nvidia's massive $3.33 trillion market capitalization and 170% growth over the past year, CEO Jensen Huang maintains that the tech giant remains a "small company" focused on core innovations.

In a recent media interview, Huang emphasized Nvidia's selective approach to new ventures, stating that the company only pursues projects where they can make unique contributions or significantly improve existing technologies. "Nvidia's rule is to only do things that others haven't done, or things we can do much better," Huang explained.

While acknowledging Nvidia's workforce of 32,000 employees, Huang highlighted that this number is relatively modest compared to other tech industry leaders like Google and Apple. He stressed the importance of maintaining focused resource allocation, particularly in specialized areas where Nvidia holds distinct advantages, such as their NVL72 technology and Spectrum X switches.

The CEO's comments come amid Nvidia's continued dominance in the graphics card market and expanding presence in artificial intelligence, video editing, and graphics production sectors. The company recently unveiled their latest flagship graphics card, the RTX 5090, further solidifying their market position.

The statement appears to signal that despite Nvidia's substantial market value and industry influence, the company plans to maintain its concentrated approach rather than diversifying into broader infrastructure projects or pursuing major acquisitions.