Gross Profit Trends Compared: NVIDIA Corporation vs Applied Materials, Inc.

A Tale of Two Tech Giants: NVIDIA vs. Applied Materials

In the ever-evolving landscape of technology, NVIDIA Corporation and Applied Materials, Inc. have emerged as titans in their respective fields. Over the past decade, these companies have demonstrated remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

From 2014 to 2024, NVIDIA's gross profit surged by an astounding 1,853%, peaking at an impressive $44.3 billion in 2024. This growth trajectory underscores NVIDIA's dominance in the graphics processing unit (GPU) market, driven by advancements in AI and gaming technologies.

Conversely, Applied Materials, a leader in semiconductor manufacturing equipment, experienced a steady 235% increase in gross profit over the same period, reaching $12.9 billion in 2024. This growth highlights the company's pivotal role in the semiconductor supply chain, especially during the global chip shortage.

As these giants continue to innovate, their financial trajectories offer a glimpse into the future of technology and its impact on the global economy.