Nvidia’s $4 trillion milestone caps rise of stock market behemoth
NEW YORK -The stunning rise of Nvidia Corp to become the first publicly traded company valued at $4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector.
Reaching the lofty milestone caps a massive run for Nvidia’s stock price, which has soared some 1,350% since October 2022. This year, the chipmaker’s shares are up about 22% against a 6% rise for the S&P 500.
