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Image Credit: Guardian

Nvidia becomes first company to reach $4tn in market value

  • Nvidia becomes the first company to achieve a $4 trillion market value, driven by the increasing demand for artificial intelligence technologies.
  • The company's market value has more than tripled in about a year, outpacing Apple and Microsoft, the only other US firms with over $3 trillion market value.
  • Nvidia's success in the market is attributed to its leadership in AI products, rebounding from previous challenges like US export controls on advanced chip sales to China.
  • Analysts predict that more tech giants, such as Microsoft, will likely reach the $4 trillion market value milestone in the near future, fueled by the ongoing tech bull market.

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