Hardware

Nvidia’s market capitalization hits $5.12 trillion — AI powerhouse is the first company in history to hit seismic milestone

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The market capitalization of Nvidia passed the $5 trillion mark on Wednesday, following a host of potentially lucrative deals and projects the company announced at its GPU Technology Conference event on Tuesday. The company’s stock price continues to be driven by the broad interest towards artificial intelligence and Nvidia’s unique position in the AI supply chain that now spans from humble chips for inference to gigawatt-scale data centers for massive AI training. 

(Image credit: Nvidia)

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