Nvidia's market performance has been exceptional, with the company's valuation reaching $2.06 trillion, driven by an AI-driven market boom. Nvidia, a leading chipmaker, now controls over 95% of the market for specialist AI chips. This dominance is attributed to its resilience and direct benefits from the AI boom. The valuation milestone was reached after Nvidia's stock closed above $2 trillion for the first time, thanks in part to a positive report from Dell Technologies that fueled Wall Street's AI rally. Nvidia's stock price closed above $822, marking a rapid ascent from $1 trillion to $2 trillion in just 180 days, the fastest in history.
Nvidia, $NVDA, closed with $2-trillion valuation.
Nvidia's $NVDA close above $822 gave the chipmaker a valuation of $2.06T, marking the fastest ascent between $1T and $2T at just 180 days. https://t.co/BLpXo03dng
Nvidia $NVDA just closed the trading day above a $2 Trillion market cap for the first time in its history https://t.co/FHGIa5E0TP
Nvidia set to close with $2 trillion valuation as Dell stokes AI rally https://t.co/i4SKM1qWX1 https://t.co/nvQZ9zyTkE
Nvidia set to close with $2-trillion valuation as Dell stokes AI rally https://t.co/EoMdpnNCrA
⚠️ NVIDIA SET TO CLOSE WITH $2 TRILLION VALUATION AS DELL STOKES AI RALLY (Reuters) Nvidia's stock market value was on track to close above $2 trillion for the first time on Friday after an upbeat report from Dell Technologies reignited Wall Street's AI-fueled rally. Nvidia's… https://t.co/53ItRQuk79
Nvidia controls more than 95% of the market for specialist AI chips, and most analysts expect it to keep growing at a blistering pace. Why does the tech firm enjoy such dominance? https://t.co/Mw1ZIR5d6o 👇
An AI-driven bonanza has sent Nvidia’s valuation to the $2 trillion stratosphere. That's made it a giant target for rivals and even customers that want to diminish its dominance. https://t.co/Z2kQmFghc0
Nvidia's stellar performance underscores its resilience and dominance as both a chipmaker and a direct beneficiary of the AI boom https://t.co/qXUbGtxnyP