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Nvidia’s stock market value topped $3.3 trillion. How it became No. 1 in the S&P 500, by the numbers

Posted on AllSides June 18th, 2024
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AP Photo/Chiang Ying-ying, File

Nvidia’s startling ascent in the stock market reached another milestone Tuesday as the chipmaker rose to become the most valuable company in the S&P 500. Investors now say the company is worth over $3.3 trillion.

Nvidia has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. Revenue more than tripled in the latest quarter from the same period a year earlier.

The company’s journey to be one of the most prominent players in AI has produced some eye-popping numbers. Here’s a look:

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https://apnews.com/article/nvidia-artificial-intelligence-stock-market-nasdaq-b1e79cf391f212a4714433afd140e341

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