Nvidia Becomes World's First $5 Trillion Company 🚀
Nvidia achieves a historic milestone as the first company to reach a $5 trillion market value, highlighting its rapid growth and dominance in the tech industry.
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The US chip-maker has rapidly climbed from a niche graphics-chip manufacturer to an AI titan, as euphoria about the potential of artificial intelligence keeps driving demand for its chips and propelling its stock to record highs.
The company reached a market value of $1tn for the first time in June 2023 and hit the $4tn valuation mark just three months ago.
Shares in the chip-maker rose as much as 5.6% to more than $212 on Wednesday morning, boosted by investor optimism about Nvidia's sales in China, which has been a geopolitical flashpoint.
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