First $4 Trillion Company is NVIDIA
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The graphics processing and AI specialist has recently climbed to record highs. Is it too late to buy?
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Agence France-Presse on MSNAI giant Nvidia becomes first company to reach $4 tn in valueNvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street's bet that artificial intelligence will transform the economy. Shortly after the stock market opened,
Generative AI exploded onto the scene at the end of 2022, and forever changed our perception – and use – of AI technology. From a predictive model, based on classification and automation, AI shifted to a more creative mode,
Microsoft, the second largest cloud provider, has followed Amazon's lead and made strides in chip development. In 2023, the company designed its own systems called Sidekicks to cool the Maia AI chips it developed.
Nvidia became the first company to reach $4 trillion in market value on Wednesday, a new threshold in Wall Street's bet that artificial intelligence will transform the economy.
Nvidia stock trades at $166.46 as CEO Jensen Huang sells $36M in shares and overtakes Warren Buffett in net worth amid AI-led rally.
GB200 UltraServers with custom cooling solution for Nvidia GPUs used in AI workloads, surpassing other companies in thermal support.
Nvidia stock trades at $164.10 after hitting a $4 trillion market cap. Analysts eye AI growth and China talks as next catalysts.
Nvidia topped a $4 trillion market cap for the first time as investors bet on the tech giant that’s building the hardware for the generative AI boom.
Analysts see paths to more milestones for Nvidia after the stock closed at a $4 trillion market capitalization for the first time Thursday.