NVIDIA is a 'little-known brand' after hitting $3.3T market cap, according to consulting firm

NVIDIA became the largest company in the world with its $3.3 trillion market cap this year, but consulting firm Interbrand says it's a 'little-known brand'

NVIDIA is a 'little-known brand' after hitting $3.3T market cap, according to consulting firm
Comment IconFacebook IconX IconReddit Icon
Gaming Editor
Published
Updated
3 minutes & 15 seconds read time

NVIDIA is a "little-known brand" even though it's an absolute monster in more ways than one, at least in a new report from CNBC and consulting firm Interbrand.

NVIDIA is a 'little-known brand' after hitting $3.3T market cap, according to consulting firm 04

Last week, NVIDIA hit a record $3.3 trillion market cap, making it the world's biggest company by market cap, passing US tech leaders Apple and Microsoft. Even with that in their back post, NVIDIA "doesn't even cracK' the top 100 most iconic names on Interbrand -- a consulting firm -- and its most recent list, which includes companies like McDonald's, Amazon, Tesla, Google, Starbucks, Disney, Netflix, and others.

AI is everywhere and will continue to penetrate every market on the planet over the years... NVIDIA leads that in the AI GPU department, with an estimated 80%+ of the AI chip market share. Not only that, but NVIDIA's annual revenue growth has been exceeding 200% in the last three quarters and with no signs of slowing down, with fiscal 2025 revenue expected to nearly double from a year ago to over $120 billion.

Interbrand's top 10 global brands are Apple, Microsoft, Amazon, and Google in the top four spots, with South Korean electronics giant Samsung in 5th. Toyota, Mercedes-Benz BMW, Coca-Cola, and Nike rounding out the top 10 biggest brands in the world according to Interbrand.

Greg Silverman, Interbrand's global director of brand economics, said in an email to CNBC: "As a product company recently moving onto a global stage, NVIDIA has not had time, nor has it dedicated resources, to change its role of brand and strengthen its brand to protect future revenue". One of the risks for NVIDIA, is the "weak brand strength will limit how valuable it will be, despite its market cap heights", added Silverman.

In other rankings, we've got Kantar BrandZ's latest list of the top 100 most valuable global brands, with NVIDIA coming in 6th position, which is 18 places higher than the survey prior to this. Marc Glovsky, senior brand strategist at Kantar, told CNBC: "NVIDIA is pound for pound as relevant and meaningful to that B2B buyer that's looking to make big, large purchases in-house for their company as Apple is to the consumer who's buying an iPad or a Mac".

If you look at it from another perspective, unlike Intel and AMD which show their brands on countless products (their own processors, graphics cards, chipsets, marketing, as well as AMD having semi-custom designs inside of the Xbox and PlayStation consoles), then NVIDIA is nowhere near as consumer-facing.

NVIDIA is a 'little-known brand' after hitting $3.3T market cap, according to consulting firm 05

NVIDIA is inside of the Nintendo Switch, but most people -- and many gamers -- don't know that. It's invisible, but Nintendo has sold over 140 million Switch units since its release. That is a lot of NVIDIA chips inside of one of the most popular consoles of all time.

Another fact is that the GeForce business is now just a side hustle for NVIDIA, as AI and HPC markets have absolutely ballooned over the years. The gaming side of NVIDIA's business only accounted for $2.6 billion of its revenue in its latest quarter, just 10% of its total sales.

NVIDIA has been one of the biggest brands in tech since its inception in 1999, personally my online handle and even my Twitter (sigh, X) handle is 'anthony256' named after the world's first GPU: the NVIDIA GeForce 256. NVIDIA will keep on truckin', as it doesn't need to be on any brand list to know its worth... that recent $3.33 trillion valuation and the absolute AI GPU dominator says it all... on top of having the best graphics cards on the market.

Photo of the ASUS Dual GeForce RTX 4060 Ti White OC Edition 8GB for sale

ASUS Dual GeForce RTX 4060 Ti White OC Edition 8GB

Today 7 days ago 30 days ago
$399.99 USD $399.99 USD
Buy
$409.99 USD $409.99 USD
Buy
* Prices last scanned on 10/24/2024 at 10:10 am CDT - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission from any sales.
NEWS SOURCES:cnbc.com, interbrand.com

Gaming Editor

Email IconX IconLinkedIn Icon

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

Newsletter Subscription

Join the daily TweakTown Newsletter for a special insider look into new content and what is happening behind the scenes.

Related Topics

Newsletter Subscription