The value of NVIDIA, which is the leader of the industry especially in the field of artificial intelligence, has exceeded 1 trillion dollars. The company announced its new projects the other day.
Although it is generally known for its graphics card development, NVIDIA has been a dominant company for years, especially in the field of artificial intelligence. While these artificial intelligence technologies come before consumers with technologies such as DLSS, ray tracing and DLAA, NVIDIA’s software and hardware in the professional field, counted as a ‘single pass’ in the industry.
Of course, with the rapid development of artificial intelligence, a great increase in the value of NVIDIA was observed. Announcing big projects for the future with the launch it made the other day, the company today It became one of the companies with a value of 1 trillion dollars.
NVIDIA is worth over $1 trillion!
NVIDIA’s share value gained another 4% on top of its recent rise, while stock markets in the US were not open for the day. With this value gain, the value of the company increased by $ 40 billion, and 1 trillion dollars has been exceeded. NVIDIA’s current share price $411.30 level.
NVIDIA has become the world’s sixth trillion dollar company with the latest development. Only in NVIDIA’s class Apple, Saudi Aramco, Microsoft, Alphabet and Amazon is located. Companies that have lost more than $1 trillion in value before are limited to Tesla, Meta and PetroChina.
Movement of NVIDIA shares in just 1 month:
Shares of the company in the last year It was down to $108.13…
If you’re questioning why NVIDIA is worth $1 trillion:
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Source :
https://www.forbes.com/sites/dereksaul/2023/05/30/nvidia-hits-1-trillion-market-value/?sh=c7123833eab4