Nvidia surpasses $3.6 trillion market value after Trump win

📆 11/8/2024 2:21 AM
📰 theSundaily

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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.

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