NVIDIA becomes first company ever to hit $4 trillion mark
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If this Wall Street analyst is correct, Nvidia shareholders will see monster returns through the end of the decade.
Nvidia made history on Wednesday, becoming the first company in the world to reach a $4 trillion market capitalization. This unprecedented milestone solidifies its position as a dominant force in the global economy and a key player in the artificial intelligence revolution.
Silicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence boom powered by its industry-leading processors.
Nvidia 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.
Nvidia on Wednesday became the world’s most valuable company, with its market capitalization briefly touching $4 trillion intraday.
Just about every big tech company in the world is in a race to build more computing capacity than anyone else in order to meet the demands for large language model training and AI
Nvidia is the first company to reach a $4 trillion valuation. The chipmaker’s shares rose as much as 2.5% on Wednesday, pushing past the previous market value record ($3.9 trillion), set by Apple in December 2024. Shares in the AI giant later closed at $162.88, shrinking the company's market value to $3.97 trillion.
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CNBC's Jim Cramer on Wednesday reflected on the significance of one of his long-time favorite stocks, Nvidia, just after the artificial intelligence powerhouse became the first company to amass $4 trillion in market cap during trading.