Nvidia’s Market Valuation Exceeds $5 Trillion
7 hour ago / Read about 0 minute
Author:小编   

On Friday, Nvidia’s stock price reached a record closing high since October, propelling its market valuation beyond the $5 trillion milestone. With major tech companies set to release their earnings reports in succession next week, investors are preemptively purchasing stocks linked to AI chips, fueling a surge in Nvidia’s share price. The stock closed 4.3% higher at $208.27. Benefiting from the soaring demand for artificial intelligence services and models, Nvidia’s stock has skyrocketed by over 14 times since the end of 2022. Leading large-model development firms such as Google, Microsoft, Meta, Amazon, OpenAI, and Anthropic all heavily depend on Nvidia’s graphics processors.