Nvidia approaches $6 trillion market cap amid surging AI chip demand
NVDA NVIDIA Corp
$229.28 -0.52%
View chart & analysis → - 1Nvidia shares hit new records this week, bringing its market capitalization close to $6 trillion.
- 2According to SemiAnalysis data as of September, the number of Nvidia GPU providers has increased to 323.
- 3CEO Jensen Huang stated that demand far exceeds supply.
So what's the key point?
Nvidia's value has approached $6 trillion as more entities seek out artificial intelligence chips. This means the company's scale has grown immensely because there are many buyers but not enough products to meet the demand.
Source TIKR · View original ↗
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