

Please try another search
Investing.com -- Nvidia's (NASDAQ:NVDA) valuation rose above $1 trillion after the stock jumped by more than 4% on Tuesday, as a frenzy for artificial intelligence has powered a fresh surge in the chipmaking giant.
The move makes California-based Nvidia only the ninth company to ever top the trillion-dollar mark.
Shares were given a further boost on Monday after Chief Executive Jensen Huang unveiled a new supercomputing platform in a bid to take advantage of a recent scramble to harness AI technology. In a speech in Taiwan, Huang said that a "tipping point" had been reached in computing that will allow "everyone" to become a programmer.
The remarks came after a sharp increase in Nvidia shares over the past week made the firm the world’s most valuable semiconductor manufacturer.
The rally was driven in part by a full-year forecast that blew past expectations, which Nvidia said was thanks to rapidly increasing interest in AI development.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.