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Nvidia reaches $1 trillion market value, becoming first chip company to do so

Por: CBS News Business May 30, 2023

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Nvidia, an artificial intelligence and chip company headquartered in California, hit a $1 trillion market value on Tuesday, making it the first chip company to do so, The company's stock rose 4.4% on Tuesday morning and about 25% over the past week. The reason? The demand for AI. The company engineers the most advanced chips, systems, and software for AI. Shares are now worth around $408. Nvidia is the leader in making AI chips, but some... + full article



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