NVIDIA Wins Race to $4 Trillion Market Cap
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The chip maker's shares are up more than 50% over the past three months, leading the broader market rebound after the tariff selloff.
Nvidia became the first company to hit $4 trillion in market cap on Wall Street. CNBC's Martin Soong and Chery Kang talked about the report that Nvidia could launch a new AI chip designed for China to circumvent U.
Wall Street looked to keep momentum from a tech-fueled rally that saw Nvidia leap to become the world's first $4 trillion public company.
According to Bloomberg Billionaires Index, Nvidia CEO Jensen Huang's net worth has surged by a whopping $27.6 billion since January 1 this year, marked by a consistent upward movement in his company's shares amid an AI boom.
Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.
Nvidia is the first $4 trillion company and now worth the combined value of companies led by some of the world's richest billionaires.
Nvidia's market capitalization soared to $4 trillion on Wednesday, driven by robust demand for AI-related stocks. This milestone positions Nvidia as t
Nvidia is poised to close trading today as the most valuable public company ever. Even if the AI chip giant falls shy of the $4 trillion market cap milestone that it is chasing, Nvidia's move shows a