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

AI frenzy pushes Nvidia value to $2 trillion

NEW YORK - The market value of Nvidia hit $2 trillion on Friday, riding on an insatiable demand for its chips that made the Silicon Valley company the pioneer of the generative artificial intelligence boom.

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

Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street Nvidia briefly hit $2 trillion in market value for the first time on Friday, riding on 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 billion on Thursday - Wall Street's largest o…

Nvidia Is Now a $2 Trillion-Dollar Company Thanks to AI Dominance

Nvidia, the tech company best known for its gaming and graphics GPUs, has officially hit a $2 trillion market valuation, closing at the market cap for the first time today and becoming the first chipmaker to cross the milestone. The announcement comes less than a year after the company reached the $1 trillion market cap and a little over a week after it was reported that the company reached $1.83 trillion, becoming the fourth most valuable compa…

Nvidia nabs $2T valuation, S&P and Dow hit records with Nasdaq close behind

Nvidia has investors cheering the AI boom, which in turn is helping U.S. stocks rise to fresh record highs. The S&P 500 and Dow Jones Industrial Average hit new records on Friday while the Nasdaq Composite is just shy of its all-time high. The tech-heavy Nasdaq is looking at its first record close since November 2021 and needs to finish at 16,057.44 to hit that level. Nvidia wowed investors this week after posting revenue that rose 265% from the…

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...

Nvidia tops $2 trillion valuation in first for chipmakers

While Apple and Microsoft took over two years to go from $1 trillion to $2 trillion, Nvidia is on track to accomplish that in under a year’s time as the stock rides Wall Street’s AI frenzy.