Wednesday 31 May 2023

Nvidia Briefly Worth $1 Trillion Thanks to AI Boom - BBC News

May 31, 2023 | Nvidia briefly joined the elite club of US companies worth more than $1 trillion for at least a few hours thanks to AI boom. Chip maker Nvidia briefly joined the ranks as its share price shot up more than 5% before retreating. Shares had already jumped more than 25% last week after the company forecast "surging demand" due to advances in artificial intelligence (AI).