Nvidia Stock Rises, Reaches $4 Trillion Market Value Milestone
Nvidia stock rose on Tuesday, nearing a record-breaking valuation of $4 trillion. The artificial-intelligence chip designer's shares climbed 1.1% to $160, while the S&P 500 experienced a slight decrease. Nvidia becomes the first public company in the world to reach a market capitalization of $4 trillion, driven by the surge in demand for artificial intelligence technologies. The stock price increased by around 2.5%, reaching over $164 per share, highlighting Nvidia's significant growth and dominance in the tech industry.