Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion market value on Tuesday, as investors piled into the chipmaker that has quickly become one of the biggest winners of the AI boom.The stock’s value has tripled in less than eight months, reflecting the surge in interest in ar
The rally has propelled its valuation past its peers, but some analysts say the AI boom means the stock should still be worth more. The computers that power generative AI run on powerful chips called graphics processing units (GPUs) – of which 80 per cent are produced by Nvidia, according to analysts.
