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Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street | World News

Business Standard

[ad_1] Nvidia (Photo: Bloomberg) Nvidia briefly hit $2 trillion in market value for the first time on Friday, riding on an insatiable demand for its chips that made the Silicon Valley firm the pioneer of the generative artificial intelligence boom.   The milestone followed another bumper revenue forecast from the chip designer that … Read more

Nvidia surges after company proclaims AI has hit ‘tipping point’: Report | World News

Business Standard

[ad_1] Nvidia (Photo: Bloomberg) Nvidia Corp. surged in early trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker.   Revenue in the current period will be about $24 billion, the company said in a statement Wednesday. Analysts had predicted … Read more