Nvidia joins the $1 trillion club

Posted on AllSides May 30th, 2023
From The Left

Stellar earnings and a huge surge in share price have landed Nvidia (NVDA) a prime spot in one of the most exclusive clubs on Wall Street: The chipmaker hit a market cap of $1 trillion on Tuesday. It’s just the ninth company globally to have achieved such a feat, and only five other companies worldwide currently have the distinction: Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG), Amazon (AMZN) and Saudi Aramco. Nvidia took Wall Street by surprise last week when it reported gangbusters earnings and an exceedingly strong revenue forecast for...

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