Reported about 18 hours ago
Nvidia Corp. has made history by becoming the first company with a market value of $5 trillion, significantly impacting the financial landscape. The chipmaker, central to the AI revolution, is the largest company globally and a crucial stock on Wall Street, driving market gains in 2023. Its dominance is reflected in its market capitalization's considerable influence over major equity indexes and its forecasted revenue growth, which notably outpaces that of its peers. Despite concerns about a potential stock market bubble, analysts largely remain optimistic about Nvidia's future prospects and its integral role in shaping the economy.
Source: YAHOO