Nvidia Tops $3 Trillion in Market Value, Leapfrogging Apple
Bloomberg reports that stock rallied some 147% this year, adding about $1.8 trillion. Chip giant still trails tech behemoth Microsoft in value.
Nvidia Corp. was already the world’s most valuable semiconductor firm. Now, it’s become the first computer-chip company ever to hit $3 trillion in market capitalization. The shares of the Santa Clara, California-based firm have rallied roughly 147% this year, adding about $1.8 trillion as the insatiable demand for its chips used to power artificial intelligence tasks skyrockets. On Wednesday, shares... ...
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