Nvidia Surpasses Apple, Hits $3 Trillion Market Cap
TL;DR Summary
Nvidia's stock surged to a record high, pushing its market cap above $3 trillion and briefly making it the second-most-valuable company in the US, surpassing Apple. The rise is driven by strong investor enthusiasm for AI and Nvidia's dominant position in the AI chip market. The company announced new high-powered chips and a stock split, while facing competition from AMD, Intel, and its own customers like Amazon and Google.
- Nvidia stock crosses $3 trillion market cap, overtakes Apple as second-largest co. in US market Yahoo Finance
- Nvidia briefly passes Apple as second most valuable public U.S. company CNBC
- Here Are 5 Things Smart Investors Should Know About Nvidia's 10-for-1 Stock Split The Motley Fool
- Stock Market Today: Dow, Nasdaq Rise; Nvidia, Apple Stocks in Focus The Wall Street Journal
- Nvidia's stock market value hits $3 trillion for first time Reuters
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