Nvidia is set to became the first chipmaker to achieve a $1 trillion market capitalization as its blowout revenue forecast underlined the enormous growth potential from artificial intelligence
is poised to become the world’s first chipmaker with a $1 trillion market capitalization, joining an exclusive club of American companies with a valuation that high.
The stock jumped as much as 4% in premarket trading to $404.91 a share on Tuesday. If the gains hold, the Silicon Valley firm will hit the $1 trillion mark and join a handful of companies including
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