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Nvidia’s role in the AI wave has made it a $2 trillion company
Feb. 23, 2024, 3:50 p.m. | Emma Roth
The Verge - All Posts www.theverge.com
Illustration by Alex Castro / The Verge
Nvidia has officially hit a $2 trillion market capitalization, making it the first chipmaker to cross the threshold. It’s also the third US company to reach over a $2 trillion valuation, right behind Apple ($2.83 trillion) and Microsoft ($3.06 trillion).
The California-based company has seen rapid growth over the past year due to its leadership in the AI chip market. Nvidia’s market cap reached $1 trillion only less than …
alex apple chipmaker illustration making market capitalization microsoft nvidia role threshold valuation
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