NVIDIA, the prominent US tech company that manufactures graphics processing units, has recently made a landmark achievement in stocks. As per the reports, the tech platform has effectively outcompeted Bitcoin along with 9 top tech stocks such as Amazon, Netflix, Apple, META, and Google. The company’s total gains over the last 10 years have moved above that of the respective competitors.
NVIDIA Tops the 10-Year Stock Chart after Outcompeting Bitcoin
Wu Blockchain, a blockchain reporting platform has provided the statistics on its official account on X. The platform disclosed that its team exclusively compiled the total gains of the aforementioned tech companies. As a result of this, the platform compared the respective gains in the case of stocks. Subsequently, after a careful analysis of the profits that all of these entities made, it placed NVIDIA at the top.
The platform noted that the stock gains of NVIDIA were more than any of the other nine tech companies. However, this is surprising as the company efficiently outpaced the top crypto token Bitcoin in this regard. The biggest cryptocurrency has reportedly occupied the 2nd position on this list. According to the reports, Bitcoin went through an increase of up to 12,464% over the recent ten years.
The Competitor Platform AMD Occupies the 3rd Position
On the other hand, NVIDIA took the 1st position in this list by expressing a huge surge of nearly 17,797%. Following Bitcoin, a major semiconductor company AMD (which manufactures computer processors) took the 3rd place. The platform reportedly saw a 3335% increase in these ten years. Wu Blockchain placed Tesla in the 4th spot. The well-known sports car manufacturing platform made a 1200 percent spike in the respective timeframe.
Trending Now: $BTC Correction Sparks Concern as Price Drops 10.3% in 19 Days
After that, Amazon comes at the 5th point. The biggest online retailer reportedly experienced a spike of 1063 percent in the stock market. The 6th position is taken by the streaming services provider Netflix. In line with the statistics, the company made a 702% surge over the 10 years.
The company standing in the 7th spot is Apple (an American electronics firm) with a 702% increase. At the 8th spot, the social metaverse platform META stands with a 618% stock increase. The tech platform Google comes at the last on the 9th position with a 525% stock spike.