Nvidia is first chip maker to hit a valuation of $1trillion

Nvidia said sales would reach £9billion in the three months to July, smashing Wall Street estimates.

The gain was close to the total value of Shell, the second largest firm on the UK stock market. Shares traded at $406 yesterday, pushing Nvidia into the elite club of Silicon Valley stocks to achieve a market cap over $1trillion.

Via: dailymail.co.uk