Nvidia becomes first company to clinch $4 trillion in market value

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Shares of the leading designer of high-end AI chips advanced as much as 2.4% to $164, making it the first public company in the world to reach the milestone.

Image for Nvidia becomes first company to clinch $4 trillion in market valueETtech
Nvidia CEO Jensen Huang
Nvidia reached a market capitalisation of $4 trillion for the first time on Wednesday, solidifying its position as one of Wall Street’s most-favored stocks to tap in the ongoing surge in demand for artificial intelligence (AI) technologies.

Shares of the leading designer of high-end AI chips advanced as much as 2.4% to $164, making it the first public company…



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Nvidia becomes first company to clinch $4 trillion in market value


Synopsis

Shares of the leading designer of high-end AI chips advanced as much as 2.4% to $164, making it the first public company in the world to reach the milestone.

Image for Nvidia becomes first company to clinch $4 trillion in market valueETtech
Nvidia CEO Jensen Huang
Nvidia reached a market capitalisation of $4 trillion for the first time on Wednesday, solidifying its position as one of Wall Street’s most-favored stocks to tap in the ongoing surge in demand for artificial intelligence (AI) technologies.

Shares of the leading designer of high-end AI chips advanced as much as 2.4% to $164, making it the first public company…



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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