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. Three months ago, the company was worth $4 trillion and a little over two years ago, it was worth $1 trillion. On Wednesday, the company’s stock closed more than 3% higher, leaving its market value at $5.03 trillion. More than any of its competitors, Nvidia and its record run have…
Nvidia becomes first company to hit $5 trillion valuation
More from NewsMore posts in News »
- Restoration of Northern, Talaimannar railway lines begins
- Education reforms should suit the country, not the JVP: Namal
- Bride and groom among 8 killed in gas cylinder blast at Pakistan wedding
- Four arrested over alleged Grand Pass shooting plot
- Sri Lanka’s China-backed Hambantota Port eyes 2mn box capacity after 700-pct growth
