News Formal

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

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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…

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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

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.
Source: CNBC - 🏆 12. / 72 Read more »