Nvidia has become the world’s most valuable company, with its share price reaching an all-time high of nearly $136, marking a 3.5% increase.
This surge has pushed Nvidia's market valuation to $3.34 trillion, surpassing Microsoft and Apple. Nvidia's dominance in the AI chip market, fueled by the growing demand for AI technology, has significantly boosted its sales and profits.
While many investors are optimistic about further growth, some express caution about its high valuation and the intensifying competition from tech giants like Microsoft, Google, Meta, and Apple. Despite this, Nvidia’s financial performance continues to exceed analyst expectations.
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