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Coin Telegraph

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Image Credit: Coin Telegraph

Nvidia becomes first company to hit $4T valuation, thanks to AI boom

  • Nvidia surpasses $4 trillion in market capitalization, becoming the first company to achieve this milestone.
  • The company's market cap milestone is driven by investor confidence in the potential of artificial intelligence (AI) and its transformative role in technology.
  • Despite setbacks earlier in the year, Nvidia has rebounded strongly with significant revenue and earnings growth.
  • Nvidia's market capitalization now exceeds $4 trillion, surpassing competitors like Microsoft and Apple in this metric.

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