Reported about 22 hours ago
In October, leading tech firms saw significant market value increases as excitement around AI-driven chip demands surged. Nvidia became the first company to achieve a $5 trillion valuation, fueled by $500 billion in AI chip orders and a collaboration with the U.S. government on supercomputers. Other tech giants, including Microsoft and Apple, also reached $4 trillion valuations, while semiconductor companies like Broadcom and TSMC gained markedly, reflecting strong investor confidence in AI-related expenditures.
Source: YAHOO