Nvidia Becomes the First $5 Trillion Company Amid AI Boom

Reported about 14 hours ago

Nvidia has reached a market capitalization of $5 trillion, becoming the first company to achieve this milestone just months after surpassing the $4 trillion mark, driven by the surging demand for its AI-focused chips. Despite concerns about a potential AI bubble, Nvidia's rapid growth and advancements in technology, including partnerships with major firms like Uber and the Department of Energy, underscore its leading position in the AI marketplace.

Source: YAHOO

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