Nvidia’s market value gets $2 trillion boost in 2024 on AI rally

Nvidia emerged as the biggest global gainer in market capitalisation for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries.

The chipmaker’s market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. Its market value was $1.2 trillion at the end of 2023.