Nvidia, Stock
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Nvidia briefly eclipsed a $4 trillion valuation on Wednesday. Nvidia's growth is closely tied to the expansion of AI data centers. Investors need to see Nvidia's growth stay rapid to justify its stock price.
Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.
NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.
Nvidia Corp. became the first company in history to achieve a $4-trillion market valuation, cementing its status as a kingpin in the global financial market.
Nvidia reached the $1 trillion mark on May 30, 2023, and the stock skyrocketed 239% for the year. Then in 2024, growth continued as Nvidia hit the $2 trillion mark on Feb. 23, 2024, and the $3 trillion mark less than four months later on June 5, 2024. For the full year, Nvidia stock rose 171% in 2024.
Nvidia becomes first $4 trillion company at market close. Its stock has increased more than 870 percent since ChatGPT was released in late 2022.
Nvidia stock trades at $164.10 after hitting a $4 trillion market cap. Analysts eye AI growth and China talks as next catalysts.