Nvidia becomes the first Nasdaq-listed company to be worth $5 trillion
American technology giant Nvidia has become the first company in history to be worth $5 trillion on Tuesday. The Nvidia stock jumped nearly 5 per cent to an all-time closing high of $201.03 on NASDAQ.
Why Nvidia stock is rising?
Nvidia share price rallied after the major chipmaker announced $500 billion worth of orders for its artificial intelligence processors and plans to construct seven new supercomputers for the U.S. Department of Energy.
