nvidia on It became Tuesday first for chips join the trillion-dollar club Because it exceeded a trillion dollars in market Capitalization.
the gaming And the artificial intelligence chip company, which shares increased by 4.2% in early trading on Tuesday, it was worth $1 trillion.
Taiwan Semiconductor Manufacturing (TSMC) is next The world’s largest chip maker, valued at about $535 billion.
Meta Platforms, estimated to be worth around $670 billion of last Close, snatch the trillion-dollar market Capitalization milestone in 2021, while Apple, Alphabet, Microsoft and Amazon are other US companies that are part of it of the club.
Wall Street analysts called Nvidia’s predictions “incomprehensible” and “cosmic,” pointing to long haul price Objectives in masses. the highest price The goal that the company valued at about $ 1.6 trillion, on On an equal footing with Google-parent the alphabet.
Given that the valuation is much higher than the long-termterm On average, there will be a lot of pressure to deliver high growth on Steady basis… there can be volatility in that it share price To come,” Susanna Streeter, head of money and markets at Hargreaves Lansdown, he said.
Amnesty International took Center stage after Nvidia surprised investors with Revenue forecast last The week that exceeded analysts’ expectations more from 50%.
Nvidia is the poster child for Thomas Hayes, Chairman of the Board of Directors of Great Hill Capital, said that artificial intelligence is currently “ market coming to terms with If this artificial intelligence trend real. “
nvidia shares rose about 25% last week resulting in a rise in AI-related stocks boosted and boosted other chipmakers, helping to shut down the Philadelphia Semiconductor index. on friday in highest in over a year.
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