Nvidia becomes first public company worth $5 trillion | TechCrunch
News Source : TechCrunch
News Summary
- The company’s shares rose more than 5.6% on Wednesday to as much as $212.19.
- The milestone comes just three months after Nvidia became the first company to cross the $4 trillion milestone.
- Its stock has surged more than 50% so far this year, buoyed by seemingly insatiable demand for its graphics processing units (GPU) Nvidia is now worth more than the aggregated stock markets of all countries, apart from the United States, China, and Japan.
The biggest beneficiary of the ongoing AI boom, Nvidia has become the first public company to pass the $5 trillion market cap milestone.The companys shares rose more than 5.6% on Wednesday to as m [+2058 chars]
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