Nvidia's value hits $4 trillion

bbc.com

Nvidia's market capitalization has surpassed $4 trillion, making it the first company to achieve this valuation. This milestone reflects the surging investor confidence in the AI sector. The chipmaker's stock rose to $164 on Wednesday, fueled by the increasing demand for its technology used in artificial intelligence. This rapid growth follows Nvidia reaching $1 trillion in market value in June 2023. Nvidia's success is largely attributed to its dominance in AI chip production, despite earlier market dips due to trade concerns. The company's revenue and CEO Jensen Huang's profile have also significantly increased.


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