Nvidia has become the world's first publicly traded company to reach a market capitalization of over $4 trillion, with a stock price of $164.42. The company's shares have increased by around 1,460% in five years, with an 18% year-to-date gain. Nvidia's dominance stems from its control of AI chip manufacturing, essential for major tech firms. Co-founder Jensen Huang's net worth now sits at $140 billion, following significant stock increases. Analysts anticipate further growth, projecting Nvidia's market cap could surpass $6 trillion in coming years.
Nvidia made history by becoming the world's first publicly traded company to surpass a $4 trillion market capitalization, achieved with a stock price surge to $164.42.
Nvidia's stock has soared by approximately 1,460% over the past five years, driven by its near-monopoly on AI chip manufacturing that powers major tech companies.
Jensen Huang, Nvidia's co-founder and CEO, has an estimated net worth of $140 billion, marking a dramatic rise influenced by Nvidia's stock performance.
Analysts project Nvidia's market cap could exceed $6 trillion, highlighting the company's central role in the growth of generative AI.
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