Nvidia’s stock market value hits $3 trillion for first time

June 5 (Reuters) – Nvidia’s (NVDA.O), opens new tab stock market value hit $3 trillion for the first time on Wednesday as the chipmaker benefited from a race between Wall Street’s heavyweights to dominate AI technology.

Shares of the maker of specialized AI chips were last up 4.75%.

Nvidia shares touched an intra-day record high of $1,219.93, giving it a market capitalization of $3 trillion.

Source from Reuters : https://www.reuters.com/technology/nvidias-stock-market-value-hits-3-trillion-first-time-2024-06-05/