From Nasdaq: 2024-06-06 10:00:00

NVIDIA surges past $3 trillion in market cap, overtaking Apple as the second most valuable US company. ETFs offer investors exposure to NVIDIA’s growth. The company’s 10-for-1 stock split drives retail frenzy ahead of potential Dow inclusion. Major tech companies boost NVIDIA’s growth with AI chip utilization and deals. Wall Street analysts remain bullish on NVIDIA, raising price targets post-earnings. NVIDIA’s valuation remains attractive, trading at a P/E ratio of 42.85. Key ETFs with the largest allocation to NVIDIA include SHOC, WUGI, SMH, DARP, and LRNZ.



Read more at Nasdaq: NVIDIA Overtakes Apple: ETFs to Tap the Incredible Growth Story