Nvidia hits the trillion dollar milestone

Nvidia has become the first

to reach a of one trillion USD. The company's revenue is expected to skyrocket due to its focus on researching products that support artificial intelligence technology.

During the morning trading session on May 30th (US time), Nvidia's stock rose by 4% to reach $404.9. At certain points, the price consistently traded above $410. This achievement propelled the company's market capitalization to over one trillion USD, placing it among the top companies in the United States with the highest market capitalization, including Alphabet, Amazon, Apple, and Microsoft.

Furthermore, globally, only nine companies have ever reached a trillion-dollar market capitalization.

Từ vựng

Quiz