Nvidia closes at record as AI chipmaker's market cap tops $3.4 trillion
Publishing timestamp: 2024-10-14 17:00:08
Summary
Nvidia shares hit all-time high as demand for its AI chips continues to soar. Companies like Microsoft, Meta, Google, and Amazon are purchasing Nvidia GPUs in large quantities for their AI infrastructure. Nvidia's revenue has more than doubled in the past five quarters, with growth expected to continue. The company's market cap is now over $3.4 trillion, making it the second-most valuable publicly traded U.S. company.
Sentiment: POSITIVE
Tickers: NVDA, AMZN, MSFT, AAPL, GOOG, META,
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