Nvidia Corp. has reached an all-time high stock price of around $154, leading to a market capitalization of $3.76 trillion, overtaking Microsoft. CEO Jensen Huang's net worth has risen dramatically to nearly $135 billion. Despite concerns regarding a closure of the Chinese AI market and a potential slowdown in AI adoption, Nvidia's strong market position and robust financial performance, including a 69% revenue growth to $44.1 billion, suggest a bright future. Analysts predict that Nvidia's market value could climb to $6 trillion as it maintains a dominant 92% market share in the GPU sector.
Nvidia stock has hit an all-time high with a market value of $3.76 trillion, making it the most valuable company, surpassing even Microsoft.
Nvidia's CEO Jensen Huang's net worth soared to nearly $135 billion as the company continues to dominate the AI chip market despite challenges.
Despite initial concerns over AI adoption slowing, Nvidia maintains a staggering 92% market share in add-in-board GPUs, indicating robust demand from major customers.
Nvidia's recent earnings report showed a year-over-year revenue growth of 69% to $44.1 billion, reassuring investors about the company’s strong financial outlook.
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