Nvidia, AI
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NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.
NVIDIA was briefly worth $4 trillion this week. The tech giant passed that milestone and became the first $4 trillion company following a 2.5% increase in stock value at one point on July 9, 2025. The valuation of NVIDIA has since dropped to around $3.97 trillion.
KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, posted a first-half revenue surge of 40% on booming AI demand.TSMC's June revenue dropped, however, over the previous month.
Nvidia has hit $4 trillion market value, driven by its AI chips. The company has surpassed long time tech giants like Microsoft and Apple.
Jensen Huang, NVIDIA's chief, is set to meet Chinese officials in Beijing amid US AI export curbs. This visit coincides with NVIDIA's brief surge to a $4 trillion market capitalisation.
Nvidia (NASDAQ:NVDA) came close to making history on Wednesday, briefly surpassing a $4 trillion market capitalization before pulling back slightly at market close. Shares rose 1.8% to finish at $162.
Nvidia's latest gains reflect the U.S. stock market's return to the "AI trade" that fueled massive gains in chip stocks and related tech companies.
Citi expects the AI data center market to reach $563 billion in 2028, up from a prior estimate of $500 billion, based on higher-than-expected sovereign AI demand. That benefits Nvidia, which is ...
Citi expects the AI data center market to reach $563 billion in 2028, up from a prior estimate of $500 billion, based on higher-than-expected sovereign AI demand. That benefits Nvidia, which is ...