Nvidia market value surges toward $1 trillion as AI boom boosts sales

📆 26-05-23 03:42:00
📰 BusinessInsider

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 51%

Belgique Nouvelles Nouvelles

Nvidia closes in on the $1 trillion market-cap club as the chipmaker's stock pops on glowing forecasts driven by the AI boom

Make room, Apple, Microsoft and Alphabet! A potential new entrant is knocking on the doors of the exclusive club of trillion-dollar market-cap companies.

The after-hours jump in Nvidia's shares boosted its effective market capitalization by about $190 billion toward $950 billion, according to Insider calculations based on Refinitiv data. Nvidia CEO Jensen Huang said the company is"significantly increasing our supply to meet surging demand" for its data center products.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

U.S. stocks open mostly higher as Nvidia drives tech rallyU.S. stock indexes opened mostly higher after Nvidia gave stronger-than-expected revenue forecast for its fiscal second quarter, while the Dow Jones Industrial Average was off 55 points, or 0.2%, to 32,744:
La source: MarketWatch - 🏆 3. / 97 Lire la suite »