riceNvidia’s market capitalization reached 1 trillion dollars (about 140 trillion yen) for the first time in the world as a semiconductor manufacturer on the 30th. It looks like it has joined the ranks of a handful of limited companies.
NVIDIA forecast beats expectations, boosting global AI stocks
The company’s stock price rose by more than 7% at one point. US companies include Alphabet Inc., Amazon.com Inc., Apple Inc., and Microsoft Inc. has crossed the $1 trillion mark in market capitalization. Fewer than 10 companies in the world have ever reached this level.
NVIDIA CEO Jensen Huang today announced new products and services related to artificial intelligence (AI). The wide range of new products includes an AI supercomputer called the DGX GH200. CEO Huang explained at the Taipei International Computer Exhibition (COMPUTEX) in Taiwan.
NVIDIA Announces New AI Products – Supercomputers and Network Systems (1)
Nvidia is the largest manufacturer of specialized semiconductors that will power a new generation of AI products. Competitors include Advanced Micro Devices (AMD) and Intel.
Zeno Mercer, Senior Research Analyst at ROBO Global, said NVIDIA is “right now in the pole position” and “really providing the technology needed to push this wave of innovation and deployment.” He continued.
Market capitalization of NVIDIA
Source: Bloomberg
Original title:Advice from $1 Trillion Nvidia CEO: ‘Run, Don’t Walk’ (1)、Nvidia Raises Toward $1 Trillion Market Value in Huge AI Bet
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