Nvidia's market cap hit $3.335 trillion, expected to reach $5 trillion, driven by AI adoption.
From Nasdaq: 2024-06-19 05:10:00
Nvidia’s market cap hit $3.335 trillion, making it the world’s most valuable company. Over the past 18 months, the stock has soared 8,280%, driven by AI adoption. The company’s stock split and strong performance signal further growth potential, with forecasts suggesting a rise to $5 trillion market cap. Analysts are bullish on Nvidia’s future, anticipating continued dominance in AI, gaming, and data centers. While past gains may not be replicated, the company’s position in key markets makes it a strong investment option for the future.
Read more at Nasdaq: Prediction: Nvidia, Now the World’s Most Valuable Company, Will Hit a Market Cap of $5 Trillion by 2026