NVIDIA becomes 1st $4 trillion company at market close
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Nvidia's $4 trillion valuation surge has made many of its 36,000 employees millionaires, with stock awards driving unprecedented wealth concentration.
Nvidia (NASDAQ:NVDA) came close to making history on Wednesday, briefly surpassing a $4 trillion market capitalization before pulling back slightly at market close. Shares rose 1.8% to finish at $162.
Nvidia became the first company in history to reach a market value of $4 trillion, beating rivals Apple and Microsoft to the milestone in Wednesday morning trading on the Tech-heavy Nasdaq exchange.
A combination of tight credit spreads, a low VIX, placid bond markets, and high valuations for riskier assets could be a sign investors are complacent.
US-based chipmaker Nvidia has become the world’s first-ever $4 trillion (£2.9tn) company after its shares rose again on Wednesday, surpassing $164 soon after trading opened. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
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Nvidia has achieved a $4 trillion market capitalization, becoming the first public company to reach this milestone, driven by soaring demand for its A
Nvidia insiders sold over $1 billion worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalize on surging investor interest in
The stunning rise of Nvidia to become the first publicly traded company valued at US$4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector. Reaching the lofty milestone caps a massive run for Nvidia's stock price,