Nvidia Becomes World's Most Valuable Company, Surpassing $3.6 Trillion
Nvidia's stock surge follows a tech rally post-Trump election win, driven by its dominance in the AI chip market.
- Nvidia's market capitalization reached a record $3.65 trillion, overtaking Apple and solidifying its position as the world's most valuable company.
- The company's stock has tripled in 2024, driven by high demand for its AI GPUs from tech giants and governments.
- Nvidia's revenue is expected to increase by over 80% in the upcoming quarterly report, with significant growth in the AI sector.
- Analysts predict Nvidia's valuation could soon exceed $4 trillion amid ongoing AI market expansion.
- Nvidia is set to replace Intel in the Dow Jones Industrial Average, highlighting its leadership in the semiconductor industry.