Nvidia hits $3 trillion market cap on back of AI boom
Publishing timestamp: 2024-06-05 18:57:25
Summary
Nvidia surpassed $3 trillion in market cap, becoming the second-largest public company behind Microsoft. The company's stock has soared over 3224% in the past five years, driven by the demand for its chips powering the AI boom. Nvidia also reported strong earnings and announced a stock split.
Sentiment: POSITIVE
Tickers: META, AAPL, MSFT, NVDA, AMZN, GOOG,
Keywords: breaking news: technology, mobile, united states, business news, microsoft corp, technology, apple inc, nvidia corp, artificial intelligence, generative ai, business,
Source: https://www.cnbc.com/2024/06/05/nvidia-briefly-passes-3-trillion-market-cap-on-back-of-ai-boom.html