Nvidia Corp. achieved an all-time stock price high of $160, establishing it as the most valuable company with a market capitalization of $3.89 trillion. CEO Jensen Huang’s net worth reached nearly $140 billion, largely due to his 4% stake in the company. Following initial concerns regarding the AI market in China and AI adoption rates, Nvidia's prospects remain strong as its earnings report showed a 69% revenue increase to $44.1 billion. The company expects to generate $45 billion in revenue in the current quarter, highlighting continued growth in AI investment and data center infrastructure.
Nvidia stock is at an all-time high of $160, making it the most valuable company in the world with a market value of $3.89 trillion.
Nvidia's revenue rose 69% year over year to $44.1 billion, reflecting strong demand and projections for continued growth in AI-related sectors.
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