Nvidia hits historic $4 trillion market cap amid AI boom • FRANCE 24 English
From its origins in the ’90s as a firm making computer graphics chips to a $4 trillion stock market valuation in 30 years, Nvidia has usually been ahead of the curve and its CEO Jensen Hang’s bet on artificial intelligence has been paying off. We all know that AI technology uh is transformative in every single industry and everything that we do. Uh we know that it can understand information of any kind. It can generate content. It can translate content and now with agentic AI and robotics capability. You know these these AI technologies is going to really be quite productive for all kinds of applications. Indeed AI has been taking over the world in recent years at least metaphorically. And Nvidia’s specialized chips have been highly sought after propelling it ahead of other tech giants like Microsoft and Apple. The only other US firms worth over $3 trillion. That boost in profits helped the company rebound from a market jolt and tariff turbulence earlier in the year with Donald Trump unleashing salvos of levies as Hang focused on what he said would be the next industrial revolution AI. Jensen is one of the best CEOs not just in tech maybe as a public company ever. That’s why he’s the godfather of AI. He sees far through the trees where the technology where the innovation’s going. Nvidia is not stopping here. They’re miles ahead of the competition, but it comes down to there’s one chip in the world fueling the AI revolution. Nvidia is set to report its second quarter results next month with both Wall Street and the firm itself expecting record sales.
Nvidia has become the first publicly traded company to reach a four trillion dollar valuation on Wednesday. The chip designer has seen an investor frenzy over the last two years, driven by a boom in artificial intelligence, and the firm has ridden that wave to even further success.
#Nvidia #AI
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4 comments
Nvidia's worth half that it doesn't make CPUs it only designs them it takes a lot of other companies😂
pay your proper taxes, robots do not need a CEO
I didn't start paying attention to graphics cards, until I started video conferencing. AMD was what I had, but I nothing but problems with them and their ridiculous UI software. I later learned of Nvidia and never had a problem with them. In fact I recently upgraded to the RTX 5070ti👍👍
This is simply someone's exaggerated fever dream Nvidia is not worth more than two trillion. If that!
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