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Published 2 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.
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