Published 5 months ago

Nvidia hits $2 trillion valuation as AI frenzy grips Wall Street

Nvidia reached a market value of $2 trillion, driven by demand for its chips and generative artificial intelligence.
Wall Street anticipates Nvidia's sales and profits to double this year, with major tech companies like Microsoft and Alphabet as top customers.
Despite being less valuable than other tech giants, Nvidia's market cap rose to $2.01 trillion, marking the third American company to hit the $2 trillion mark.

Insights by Ground AI

Does this summary seem wrong?

0 Articles

All

Left

Center

Right

BBC News

AI chip firm Nvidia valued at $2tn

Booming business at Nvidia sees investors bet the AI revolution will live up to its "hype".

5 months ago·United Kingdom

Read Full Article

The Guardian

US chipmaker Nvidia hits $2tn value amid artificial intelligence boom

Company blows past Wall Street’s expectations with 265% jump in sales after hailing ‘tipping point’ for AINvidia hit a stock market valuation of $2tn on Friday as the US chipmaker capitalizes on the artificial intelligence boom.An extraordinary surge of the company’s shares had already propelled it past Amazon and Alphabet, owner of Google and YouTube, to become the third largest in America. Continue reading...

5 months ago·London, United Kingdom

Read Full Article

Reuters

Headline Unavailable

5 months ago·United Kingdom

Read Full Article

The Washington Post

Nvidia tops $2 trillion valuation in first for chipmakers

Nvidia Corp. is on its way to becoming the first semiconductor firm with a $2 trillion valuation, another milestone in its ascendancy as the biggest beneficiary of a rush into artificial intelligence-related stocks over the past year.

5 months ago

Read Full Article

Globo

Nvidia sobe em Nova York e alcança US$ 2 trilhões em valor de mercado

The electronic components company now only trails behind Microsoft and Apple on the list of the most valuable in the United States.

5 months ago·Brazil

Read Full Article

Channel News Asia

Nvidia hits $2 trillion valuation as AI frenzy grips Wall Street

Nvidia hit $2 trillion in market value on Friday, riding on an insatiable demand for its chips that made the Silicon Valley firm the pioneer of the generative artificial intelligence boom.The milestone followed another bumper revenue forecast from the chip designer that drove up its market value by $277 b

5 months ago·Singapore

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year