Nvidia surpasses $3.6 trillion market value after Trump win

📆 11/8/2024 2:21 AM
📰 theSundaily

⏱ Reading Time:
11 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 51%

Reuters News

United States United States Latest News,United States United States Headlines

Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trill...

Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street extended a rally sparked by Donald Trump’s return to the White House. The dominant AI chipmaker’s shares rose 2.2%, lifted by broad investor optimism about tax cuts and lower regulations after the Republican candidate’s Tuesday election victory.

Nvidia has been the U.S. stock market’s biggest winner from a race between Microsoft, Alphabet and other heavyweights to build out their AI computing capacity and dominate the emerging technology.

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:

Write Comment

United States United States Latest News, United States United States Headlines

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

Shares in Tesla, headed by Trump backer Musk, soar in pre-market tradingPARIS, Nov 6 — Shares in Tesla soared in pre-market trading today after Donald Trump, backed by the electric car maker's boss Elon Musk, claimed victory in the US...
Source: malaymail - 🏆 1. / 86 Read more »

Nvidia overtakes Apple as world’s most valuable companyNVIDIA dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for ...
Source: theSundaily - 🏆 25. / 51 Read more »