Reported 11 months ago
NVIDIA, the AI chip giant, has been on a winning streak with its stock price soaring 173% since the beginning of the year, surpassing Microsoft and Apple to become the world’s most valuable publicly traded company with a market cap of $3.33 trillion. Major tech players like OpenAI, Microsoft, Google, Amazon, and Facebook are all turning to NVIDIA for AI-related products, fueling predictions that its market value could climb to $5 trillion in the coming year. With the highest trading volume on Wall Street, NVIDIA's daily average trading value is around $50 billion, five times more than popular companies like Apple, Microsoft, and Tesla.
Source: YAHOO