China, NVIDIA and AI
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B EFORE CO-FOUNDING Nvidia, the pioneer of artificial-intelligence (AI) chips, Jensen Huang was a busboy at Denny’s, a restaurant chain. He playfully reminded people of this on
Nvidia stock has been buoyant in recent days but it didn’t get a hoped-for boost from President Trump's meeting with Xi Jinping.
Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a rally that has cemented its place at the center of the global artificial intelligence boom. The Wall Street milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry,
Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that’s widely viewed as the biggest tectonic shift in technology since Apple.
The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth $5 trillion. The value of Nvidia alone is now worth more than the GDP of every country on earth, except for the United States and China, according to World Bank data.
The chipmaker on Wednesday became the first publicly listed company to top $5 trillion in market value, boosted by demand for its AI chips.
Nvidia became the first company to surpass $5 trillion in market value after a fresh rally driven by AI-chip demand.
The $5 trillion valuation surpasses the total cryptocurrency market value and equals roughly half the size of the pan European Stoxx 600 equities index, Reuters notes. At current prices, Huang’s stake in Nvidia would be worth about $179.2 billion, making him the world’s eighth-richest person.
EndoQuest Robotics announced today that it plans to integrate Nvidia's IGX Thor platform into its next-generation surgical robotic system.
It's been just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier.
Arrive AI shares jumped over 5% as Nvidia’s record-breaking $5 trillion valuation fueled gains across AI-linked and crypto-integrated companies.