$4 Trillion: Nvidia Overtakes Apple, Microsoft Amid Record AI Chip Boom | Firstpost America | N18G

$4 Trillion: Nvidia Overtakes Apple, Microsoft Amid Record AI Chip Boom | Firstpost America | N18G

Nvidia briefly became the world's most valuable public company on July 9, hitting a $4 trillion market cap, the first company in history to do so. Its stock rose to a record high of $164.42 before closing just under the mark. Nvidia has now surpassed the GDPs of the UK and France, as well as tech giants Apple and Microsoft. The rise comes amid soaring demand for its AI chips, despite export restrictions and a $4.5 billion revenue hit. Nvidia posted Q1 revenue of over $44 billion and expects Q2 to hit $45 billion. Its stock has rebounded 74% since April. Watch to know more about Nvidia's growth.

---

Nvidia | Nvidia Stocks | Jensen Huang | AI Chips | Artificial Intelligence | Compute Unified Device Architecture | Wall Street | Firstpost America | Eric Ham | War | Geopolitics | Global Economy | Firstpost | World News | Latest News | Global News | International News | Trending News

#nvidia #nvidiastocks #jensenhuang #aichips #artificialintelligence #cuda #firstpostamerica #ericham #war #geopolitics #economy #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews

Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.

Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
https://www.youtube.com/@Firstpost

Follow Firstpost on Instagram:
https://www.instagram.com/firstpost/

Follow Firstpost on Facebook:
https://www.facebook.com/firstpostin/

Follow Firstpost on Twitter:
https://twitter.com/firstpost

Follow Firstpost on WhatsApp:
https://www.whatsapp.com/channel/0029Va6zOIrEQIamseyg762V