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Nvidia becomes world’s first $4 trillion company

  • Nvidia has achieved a market valuation of $4 trillion, making it the first company globally to do so.
  • The chip-maker's shares surged by 2.4% to $164 on Wednesday, driven by high demand for AI technology.
  • Nvidia's growth trajectory has been remarkable, with its value less than 1% of its current price just eight years ago.
  • The company's expansion was initially fueled by competition in graphics card development, and more recently, by demand for chips essential to generative AI models.

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