Nvidia, AI and Price Level
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NVIDIA becomes 1st $4 trillion company at market close
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Nvidia reported $44.1 billion in revenue for the quarter ending in April, a 69% increase compared to the same period last year.
Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?
Nvidia just became the world’s first company to reach a market capitalization of $4 trillion, with one Wall Street bull expecting $5 trillion might not be too far away.
Main: Nvidia, the tech firm led by engineer Jensen Huang, became the world’s first company to have a market cap of $4 trillion. For reference, its rivals, Microsoft and Apple, are valued at around $3.
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