Nvidia Hits $3t Market Cap on Back Of Ai Boom



Hacker News 1:15 pm on June 10, 2024


Nvidia shares soared past $3 trillion in market value for the first time, reaching over 224% growth since January 2024. The tech giant's rise is fueled by demands from AI and machine learning sectors; it also surpassed Apple to become second-largest U.S. public company after Microsoft.

  • Market Milestone:
  • GPU Demand Driven Growth:
  • Achieved Second-Largest Public Company Status:
  • Stock Splitting Announced:

https://www.cnbc.com/2024/06/05/nvidia-briefly-passes-3-trillion-market-cap-on-back-of-ai-boom.html

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