Reported about 7 hours ago
Nvidia is on the verge of becoming the first company to achieve a $4 trillion market capitalization, building on its previous milestone of $1 trillion. Despite initial concerns over AI spending this year, Nvidia’s stock has rebounded significantly, fueled by robust demand for its computing systems from major clients like Microsoft and Amazon. Analysts remain bullish, anticipating that Nvidia will maintain its strong market position as AI spending grows, although potential risks, including customer shifts and trade policy impacts, linger.
Source: YAHOO