Nvidia tops $2 trillion market value

Feb23,2024


NVIDIA is on its way to becoming the first semiconductor firm Another milestone in its rise as the biggest beneficiary of the bullish trend, with a valuation of $2 trillion AI-related stocks Throughout the last year.
chip manufacturerShares rose 5% on Friday after closing at a $1.96 trillion valuation in the previous session. The gain, after rising nearly 65% ​​since the beginning of the year, would cement Nvidia's position as the world's fourth-most valuable company, with a market capitalization trailing only Microsoft, Apple and Saudi Aramco. While it took Apple and Microsoft more than two years to go from $1 trillion to $2 trillion, Nvidia is on track to accomplish it in less than a year as the stock rides on Wall Street's AI craze.

Screenshot 2024-02-24 033241

Nvidia shares surged, confirming Wall Street's bets on the potential of AI technologies.



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