Nvidia, Market Cap
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Nvidia ( NVDA 0.53%) is one of the hottest stocks on the market today. Over the past five years, Nvidia shares have soared in value by nearly 1,500%, including another 20% in the last 12 months. Think the run is over? Think again. Nvidia stock remains far cheaper than most investors realize due to one critical factor.
Nvidia stock trades at $166.46 as CEO Jensen Huang sells $36M in shares and overtakes Warren Buffett in net worth amid AI-led rally.
Nvidia’s climb also made the chip maker briefly the world’s first company with a market value of $4 trillion. Wednesday’s milestone came barely two years after the Santa Clara, Calif.-based company, led by Chief Executive Jensen Huang, notched a $1 trillion closing valuation for the first time.
The company is benefiting from high demand for computing power to support AI training and inferencing. Over the past couple of years, Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have both shown their strengths in artificial intelligence (AI) -- and as a result,
Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.
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A Citi analyst sees Nvidia’s stock rising another 20% as the AI opportunity swells further, but he notes the risk of potential new geopolitical restrictions ahead.
Nvidia stock has regained its momentum in recent months and should be able to sustain it in the long run as well. Nvidia's market share and the potential data center revenue growth that it could clock should help double its market cap in the next three years.
Nvidia CEO Jensen Huang has caught up with Berkshire Hathaway’s Warren Buffett in net worth, according to analysis from Fortune and Bloomberg.
TheStreet. Nvidia shares (NVDA) climbed 1.2% to $166 on July 11 as the stock extended gains after becoming the first company ever to reach a $4 trillion market value. The milestone was hit on July 9,