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Nvidia becomes first company ever to hit a $4 trillion market cap (yes that's 'trillion' with a 'T')

  • Nvidia has become the first company to reach a $4 trillion market capitalization on Wall Street, surpassing Apple's previous record.
  • The chip maker has focused on AI technology and secured significant deals in the Middle East, benefiting from the avoidance of a trade war with China.
  • CEO Jensen Huang has driven Nvidia's advancements in AI and infrastructure like data centers, leading to a 70% increase in quarterly revenues.
  • The company's valuation has risen rapidly over the years, with projections of substantial revenue growth for the current year, shaping a positive outlook despite challenges.

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