Chip race: Microsoft, Meta, Google, and Nvidia battle it out for AI chip supremacy
See all Stories
R
Nvidia briefly became the first $4 trillion company today.
When Nvidia’s share price rose beyond $164 on Wednesday morning, it was the first company to have a market cap of over $4 trillion. It closed the day up 1.8 percent at $162.88, leaving its current total at $3.97 trillion, leading Microsoft ($3.7 trillion) and Apple ($3.1 trillion).
The AI boom and demand for its chips have quickly increased the company’s value in the last few years, which only passed $1 trillion two years ago.
Image: CNBC
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- Our long national sunscreen nightmare is almost over
- Kaleidescape’s movie player blows streaming, and your wallet, away
- Barret Zoph is out at OpenAI again after just five months
- Midjourney goes from generating cat images to full-body ultrasound scans
- Hue’s wired wall modules bring non-smart lights into its ecosystem
