Nvidia’s market capitalization has surpassed $2.6 trillion. This is more than the GDP of countries such as Russia and Canada and in nominal terms exceeds the total capitalization of all companies listed on Deutsche Boerse. Shares of the chipmaker are rising after a multiple earnings growth quarterly report.
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Chipmaker Nvidia has reached a market capitalization of more than $2.6 trillion. This is evidenced by trading data on the Nasdaq.
During the last trading session, Nvidia shares rose in price by 0.6% and according to current data at the time of this publication, they were worth $1,044 per share.
Nvidia ranks third among global companies in terms of capitalization, behind Apple and Microsoft.
Nvidia shares rose to $1,000 per share for the first time following the release of the company’s quarterly report, in which it reported a multiple increase in profits. The company’s financial success is due to the growing demand for microprocessors for artificial intelligence.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
