NVIDIA becomes 1st $4 trillion company at market close
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Bitcoin at $117,000 and Nvidia crossing $4 trillion in market value isnt just hype — it might signal the start of a massive tech-crypto supercycle. With AI booming and crypto going mainstream in the U.
NVIDIA became the first public company to reach a $4 trillion USD market cap; This monumental climb is driven by surging demand for its AI chips and cloud solutions; Its
Listed in 1999, it was valued around $1 billion, when it was listed. It soared 4,000 times or 4,00,000 per cent from those levels to hit $4 trillion market capitalization.
Nvidia becomes the first company to reach a $4 trillion valuation, driven by soaring demand for artificial intelligence chips and outpacing Microsoft and Apple.
KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, posted a first-half revenue surge of 40% on booming AI demand.TSMC's June revenue dropped, however, over the previous month.
NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.
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 is poised to take advantage of growing demand for sovereign artificial intelligence, Citi analysts wrote Monday.
Citi analysts raised their price target for Nvidia stock to $190 from $180, citing growing demand for sovereign AI. Nvidia is “involved in essentially every sovereign deal," the bank said, as ...
Wall Street is betting Nvidia can make stock market history again. After the chipmaker powered its way to a $4 trillion valuation, the first company to ever reach the milestone, analysts still see room for the stock to grow.