What you need to know about the company, its importance to AI and whether the stock market boom is sustainable
Investor excitement over artificial intelligence reached a new peak this week when better-than-expected results from chipmaker Nvidia drove stock markets in three continents to record highs.
The rally began on Thursday and continued into Friday, as Nvidia overtook Google’s parent group, Alphabet, to become the third most valuable company in the US. Its market capitalisation hit $2tn (£1.58tn), surpassed only by Microsoft and Apple.
About Author
More Stories
Aston Martin limits exports to US because of Trump tariffs
TikTok fined €530m by Irish regulator for failing to guarantee China would not access user data
Liberal-aligned thinktank running anti-Greens ads received $600,000 from coal industry in Queensland election