How tech giant NVIDIA climbed to the top of the stock market, AP Explains - News Summed Up

How tech giant NVIDIA climbed to the top of the stock market, AP Explains


Tech giant Nvidia is now worth over $3.2 trillion, with its dominance as a chipmaker making it the poster child of the artificial intelligence boom. After the stock's swift rise on Wall Street it briefly topped Microsoft as the most valuable company in the S&P 500 this week. The company is now worth over $3.2 trillion, with its dominance as a chipmaker cementing Nvidia’s place as the poster child of the artificial intelligence boom — a moment that Huang, Nvidia’s CEO, has dubbed “the next industrial revolution.”


Source: Economic Times June 21, 2024 07:53 UTC



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