Nvidia briefly passes $3 trillion market cap on back of AI boom

Nvidia surpassed $3 trillion in market cap during intraday trading on Wednesday as investors continue to clamor for the company making most of the chips powering the AI boom.

Apple was the first U.S. company to reach a $3 trillion market cap in January 2022. Microsoft hit $3 trillion in market value in January 2024.surpassed $3 trillion in market cap during intraday trading on Wednesday as investors continue to clamor for the company making most of the chips powering the AI boom.Nvidia's milestone is the latest stunning mark in a run where the stock price has gone parabolic as investors bet on artificial intelligence.

Nvidia shares have surged in recent years, powered by the tech industry's need for its chips, which are used to develop and deploy big artificial intelligence models like the one at the heart of OpenAI's ChatGPT.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Nvidia Stock Earnings Preview: NVDA advances ahead of Wednesday’s Q1 resultsNvidia will release fiscal Q1 earnings after the close on Wednesday.
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »

Options market sees 12% move in Nvidia after this 'unusually important' earnings report, says GoldmanGoldman Sachs sees an options trade opportunity around Nvidia's earnings report on Wednesday.
Fuente: CNBC - 🏆 12. / 72 Leer más »