NVIDIA becomes 1st $4 trillion company at market close
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Nvidia shares were down 0.8% at $162.86 in premarket trading, in line with a slump in wider market futures. The stock rose 0.8% on Thursday and the company became the first to close above $4 trillion, cementing its position as the world’s most valuable by market capitalization.
It's clear that all three of these stocks make interesting AI buys, but to decide where to put our money right now, it's a good idea to take a look at valuation. Here, Nvidia trades at a very reasonable level but still is the priciest of the bunch.
Key Takeaways Advanced Micro Devices (AMD) stock jumped Thursday after analysts suggested the company’s latest AI chips are comparable to Nvidia's (NVDA) offerings .The stock broke out from a flag pattern in Thursday’s trading session on the highest volume in a little over a week,
Even at record highs, Nvidia’s stock may not be as expensive as it is touted to be. Some valuation metrics suggest room for upside
Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.
Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.
U.S. and overseas mining stocks rallied about 3% or more after President Trump confirmed copper tariffs will [take effect Aug. 1](
Nvidia stock has regained its momentum in recent months and should be able to sustain it in the long run as well. Nvidia's market share and the potential data center revenue growth that it could clock should help double its market cap in the next three years.
Nvidia shares continued to rise after the artificial intelligence chipmaker broke the $4 trillion market cap level. U.S. equities were lower at midday after President Donald Trump made more tariff announcements. The Dow Jones Industrial Average, S&P 500, and Nasdaq all declined.
Major stock indexes rose on Wednesday as Nvidia briefly climbed to a $4-trillion valuation, while the euro edged lower, with the Trump administration getting closer to a deal with its biggest trading partner,
Nvidia's $4 trillion valuation surge has made many of its 36,000 employees millionaires, with stock awards driving unprecedented wealth concentration.