An impressive increase in stock prices this week helped Nvidia, a well-known producer of computer chips, approach the trillion dollar level in valuation.
Nvidia’s market capitalization has increased noticeably by 24% to a staggering $939.3 billion. This valuation exceeds that of Facebook ($647.6 billion) and Tesla ($584.7 billion).
Nvidia is now one of the top businesses in terms of market valuation, only being surpassed by tech behemoths like Apple, Google, Microsoft, Amazon, and Saudi Aramco, the world’s largest oil company by production.
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