Nvidia's $3 Trillion Market Value and Rise to AI Prominence

Reported 6 months ago

Nvidia's stock market value has soared past $3 trillion due to increased demand for its semiconductors in AI applications. The company, now the third most valuable in the S&P 500, is undergoing a 10-for-1 stock split amidst a remarkable financial performance, with revenue more than tripling in the latest quarter. Positioned as a key player in AI, Nvidia's numbers have been impressive, including its $147 billion market value increase and a projected revenue of $117 billion for fiscal 2025.

Source: YAHOO

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