NVIDIA becomes first company ever to hit $4 trillion mark
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Nvidia is the artificial-intelligence chip superstar but Taiwan Semiconductor Manufacturing deserves a mention too. The Taiwanese chip manufacturer’s sales are booming as it rides a wave of demand for AI processors.
Nvidia becomes the first company to reach a $4 trillion valuation, driven by soaring demand for artificial intelligence chips and outpacing 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 notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.
Shares of Nvidia ended up 0.75 per cent at US$164.10, giving it a market value of US$4.004-trillion as it benefits from an ongoing surge in demand for AI technologies. Nvidia’s stock-market value briefly peaked above US$4-trillion on Wednesday before closing at about US$3.97-trillion.
The 4th of July is a national holiday, and both the NASDAQ (where NVIDIA is traded under the stock symbol NVDA) and New York Stock Exchange are closed in observance of the holiday. So NVIDIA's next opportunity to make history is at the end of the trading day on July 7,
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 ...