Nvidia set to become the world’s most valuable company in history

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Nvidia was on track to become the most valuable company in history on Thursday, with the chipmaker’s market capitalization reaching $3.92 trillion as Wall Street doubled down on optimism about AI.

Shares of the leading designer of high-end AI chips were up 2.2% at $160.6 in morning trading, giving the company a higher market capitalization than Apple‘s record closing value of $3.915 trillion on December 26, 2024.

Nvidia’s newest chips have made gains in training the largest artificial-intelligence models, fueling demand for products by the Santa Clara,…



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Nvidia set to become the world’s most valuable company in history



Nvidia was on track to become the most valuable company in history on Thursday, with the chipmaker’s market capitalization reaching $3.92 trillion as Wall Street doubled down on optimism about AI.

Shares of the leading designer of high-end AI chips were up 2.2% at $160.6 in morning trading, giving the company a higher market capitalization than Apple‘s record closing value of $3.915 trillion on December 26, 2024.

Nvidia’s newest chips have made gains in training the largest artificial-intelligence models, fueling demand for products by the Santa Clara,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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