Why Nvidia May Become The 6th Company Worth $1 Trillion

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Why Nvidia May Become The 6th Company Worth $1 Trillion
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Nvidia trails Amazon as the company with the sixth-largest market valuation—and the AI boom may drive it much higher.

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to Reuters, the company’s shares have risen over 160% this year, adding $586 billion in market value and making it the fifth most valuable U.S. company.

in on $1 trillion, a feat that only five other companies have accomplished: Apple, Amazon, Google’s parent company Alphabet, Microsoft and Saudi AramcoKey Background

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Why Nvidia is suddenly one of the most valuable companies in the worldWhy Nvidia is suddenly one of the most valuable companies in the worldNvidia has for years made the computer chips that can run graphics-heavy video games. But several years ago, artificial intelligence researchers began using those same chips to run the powerful new algorithms that were causing breakthroughs in the field.
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