Nvidia Surpasses $4 Trillion, Tops Microsoft and Apple
Nvidia Surpasses $4 Trillion, Tops Microsoft and Apple

Nvidia Surpasses $4 Trillion, Tops Microsoft and Apple

News summary

Nvidia has become the first publicly traded company to surpass a $4 trillion market capitalization, overtaking Microsoft and Apple in the process. The company's dominance in AI chip manufacturing has fueled this rapid ascent, with its GPUs powering artificial intelligence, high-performance computing, and data centers for major tech firms worldwide. Nvidia's stock has surged approximately 1,460% over five years and nearly 20% this year, reflecting explosive demand for its products. With the largest weighting on the S&P 500 index, Nvidia is now worth more than 97% of the world’s economies. CEO Jensen Huang’s fortune has soared, cementing his status among the world’s wealthiest individuals. Analysts expect Nvidia's pivotal role in AI to propel further growth as the generative AI sector expands.

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