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Nvidia Hits New Stock Price Record and Diversifies GPU Demand

CNBC ·

NVDA NVIDIA Corp
$229.28 -0.52%
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  1. 1Nvidia shares set another record this week, approaching a market capitalization of approximately $6 trillion.
  2. 2Nvidia is projected to record $108 billion in expected revenue for the October quarter, achieving 89% of the year-over-year revenue jump for the October quarter.
  3. 3Customer base has diversified, with five customers accounting for at least 10% of Nvidia's accounts receivable in the July quarter.

So what's the key point?

Nvidia's stock price set a new record this week. This means its market capitalization has approached $6 trillion.

Source CNBC · View original ↗

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