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Nvidia (NVDA) Soars on Saudi AI Chip Deal, Closes in on Apple's Market Cap
The market loved the news. Nvidias stock climbed more than 5% Wednesday, after already rallying the day before. The jump pushed its valuation to about $3 trillion, setting it up to possibly surpass Apple in the coming days.
Nvidia CEO's net worth nears $120 billion as shares surge on Saudi chip deal
Nvidia hit $3 trillion in market value after it agreed to sell hundreds of thousands of AI chips in Saudi Arabia with many chips to an AI startup launched by its sovereign wealth fund, in a sign demand for its top-line processors is still booming.
Nvidia (NASDAQ: NVDA) first reached a market cap of $3 trillion in June 2024. The giant GPU maker remained above the ...
Nvidia’s valuation reached a thumping $3 trillion since February, shortly after a 90-day pause was declared for the ...
Nvidia leaped back into the vaunted $3 trillion club on Tuesday as its stock shot up following the announcement of a major ...
Nvidia was a modest $5 billion chipmaker, overshadowed by Intel's $90 billion dominance. Fast forward 16 years and Nvidia's ...
Some analysts believe that AWS alone could eventually be worth $3 trillion -- which is roughly Nvidia's current market cap.
Nvidia returned to the $3 trillion market cap club on Tuesday following the announcement of a major partnership with a ...
In fact, Nvidia just hit a $3 trillion market value, topping Apple for the No. 2 spot behind Microsoft. The latest stock surge followed news of a massive deal with Saudi Arabia to deliver 18,000 ...
NVIDIA reclaims $3 trillion and displays more upside potential. Invest in NVDA-heavy ETFs to participate in the company's growth.
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