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Nvidia has beaten rivals Apple and Microsoft to become the first company to reach a market value of $4 trillion. The AI chip maker, which closed at $162.88 a share and just shy of the $4 trillion mark,
If this Wall Street analyst is correct, Nvidia shareholders will see monster returns through the end of the decade.
Nvidia on Wednesday became the first-ever company to breach a market capitalization of $4 trillion, a record growth fuelled by the AI mania sweeping across the world. The Santa Clara-based chipmaker surpassed technology giants Apple and Microsoft to become the Nasdaq's number one, finishing at $162.88 a share, according to the Wall Street Journal.
AI chip maker's epic rise leaves the competition in the dust The AI chip peddler Nvidia just became the first company in history to tip over the $4 trillion valuation mark, elbowing past the Fruity Cargo Cult Apple and Microsoft on the Nasdaq on 10 July.
Nvidia made history on Wednesday, becoming the first company in the world to reach a $4 trillion market capitalization. This unprecedented milestone solidifies its position as a dominant force in the global economy and a key player in the artificial intelligence revolution.
After Nvidia briefly topped a $4 trillion market cap, Jim Cramer praised the company as a revolutionary force in AI and America's key bargaining chip in trade tensions with China, urging investors to "own it,
Nvidia surpasses Apple and Microsoft with a $4 trillion market cap due to its role in AI and chip advancements.
Nvidia on Wednesday became the world’s most valuable company, with its market capitalization briefly touching $4 trillion intraday.