News Formal

Nvidia Surpasses Microsoft, Becomes Second Most Valuable Company

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Business Nyheter

Nvidia,Semiconductor,Market Value

Nvidia's soaring share price on Monday propelled its market value to $3.4 trillion, dethroning Microsoft as the second most valuable company on Wall Street and trailing only Apple's valuation of around $3.55 trillion. This surge in investor confidence extended to Nvidia's suppliers and semiconductor companies across Asia.

Nvidia's gains in share price on Monday lifted its market value to $3.4 trillion, unseating Microsoft as the second most valuable company on Wall Street, and just below Apple's valuation of about $3.55 trillion.

Stocks tied to Nvidia suppliers and semiconductor related companies rallied in Asia as the bullish investors sentiment spilled over.Stocks tied to Nvidia suppliers as well as other chip companies advanced as the bullish investor sentiment spilled over. Shares of South Korean chipmaker SK Hynix, which manufacturers high bandwidth memory chips for AI applications, for Nvidia surged 2.8%.The surge in Nvidia shares Monday came as Wall Street heads into the earnings season.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Nvidia falls as Beijing discourages local companies from buying Nvidia chipsNvidia falls as Beijing discourages local companies from buying Nvidia chips - BBG
Källa: Investingcom - 🏆 450. / 53 Läs mer »

Microsoft, Nvidia Lead $100 Billion AI Infrastructure Investment PartnershipMicrosoft, Nvidia, and other tech giants have launched a new partnership to invest $100 billion in AI data centers and energy infrastructure. The Global AI Infrastructure Investment Partnership aims to fuel innovation and economic growth, with a focus on the United States and its partner countries.
Källa: dcexaminer - 🏆 6. / 94 Läs mer »