Nvidia becomes first company to reach $4 trillion in value

[ad_1] Nvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street’s bet that artificial intelligence will transform the economy. Shortly after the stock market opened, Nvidia vaulted as high as $164.42, giving it a valuation above $4 trillion. The stock subsequently edged lower, ending just […]

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Nvidia hits record high as analyst predicts AI ‘Golden Wave’

[ad_1] Fuelling Nvidia’s latest rally, Loop Capital lifted its price target for the designer of high-end AI processors to $250 from $175, while maintaining its “buy” rating [File] | Photo Credit: REUTERS Nvidia’s stock hit a record high on Wednesday, and the chipmaker reclaimed the crown as the world’s most valuable company after an analyst […]

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