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NVIDIA’s Market Value Goes Through the Roof
NVIDIA is now the second-most valuable company in the world³, with stock worth $3.014 trillion. A business share cost $1,224.40 at the end of the day, up 5%³.
The rise of AI helps NVIDIA grow
AI is still growing quickly, which has made NVIDIA’s market value skyrocket³. Google, Amazon, Microsoft, and Meta are just a few of the tech giants that are very interested in the company’s GPU chips, which make AI possible.
The Rise of NVIDIA
NVIDIA stock has grown more than 3,290% in the past five years. One thing that has helped it do well is focus on game gear, bitcoin mining chips, and cloud membership services.
1: NVIDIA Beats Apple
Apple was worth $3.0 trillion on the market, but now NVIDIA is worth more than that. In the past year, Apple stock has stayed the same. But so far this year, NVIDIA stock has gone up 146%³.
What Will NVIDIA Do Next?
Microsoft is now the second most valuable company in the world, with a market value of $3.15 trillion, after Apple. Most likely, NVIDIA will stay one of the world’s most valuable companies as long as the AI boom keeps stock prices high.
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