NVIDIA’s Value Exceeds $1 Trillion! Joined “Trillion Dollar Companies” consisting of only 6 companies
May 30, 2023
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Although it is widely known for its graphics card development, NVIDIA has been a dominant company for years, especially in the field of artificial intelligence. As these artificial
Although it is widely known for its graphics card development, NVIDIA has been a dominant company for years, especially in the field of artificial intelligence. As these artificial intelligence technologies come before consumers with technologies such as DLSS, ray tracing and DLAA, NVIDIA’s software and hardware in the professional field, counted as a ‘single pass’ in the industry.
Naturally, with the rapid development of artificial intelligence, a great increase in the value of NVIDIA was observed. Announcing major projects for the future with the launch it recently made, the company today It became one of the companies valued at 1 trillion dollars.
NVIDIA is worth over $1 trillion!
NVIDIA’s stock value gained another 4% on top of the recent gain, while US stock markets were not open that day. With this capital gain, the company’s value increased by $40 billion, and The $1 trillion mark has been crossed. NVIDIA’s current share price $411.30 level.
NVIDIA has become the sixth trillion dollar company in the world with the latest development. Only in the class of NVIDIA Apple, Saudi Aramco, Microsoft, Alphabet and Amazon is located. Companies that have previously lost more than $1 trillion in value are limited to Tesla, Meta and PetroChina.
Movement of NVIDIA shares in just 1 month:
Shares of the company in the past year It was down to $108.13…
If you are wondering why NVIDIA is worth $1 trillion:
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.