Nvidia’s role in the AI wave has made it a $2 trillion company

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 …

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