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Shares of Nvidia soared, propelling its market capitalization to surpass the $4 trillion mark intraday, setting a new all-time high and establishing it as the first company globally to reach this significant milestone. By the end of trading, while gains had narrowed to 1.8%, the market capitalization settled at $3.97 trillion. This performance catapulted Nvidia ahead of Apple and Microsoft, making it the most heavily weighted stock in the S&P 500 index. Analysts generally hold an optimistic outlook for Nvidia's future growth, predicting that its market capitalization could potentially climb even higher, exceeding $6 trillion. Furthermore, the personal wealth of the company's founder, Jen-Hsun Huang, has skyrocketed, positioning him among the top ten richest individuals in the world.
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