New Delhi, Oct. 30 -- Nvidia is the first in history to reach the milestone of crossing the 5 trillion market capitalisation, which speaks prominently of how artificial intelligence is transforming markets around the world. The milestone positions the chipmaker superior to Microsoft and Apple, the valuations of which are almost at the 4 trillion mark. The rally, in turn, poses crucial questions regarding the sustainability, the concentration of market power, and the reliance of enterprises on AI compute.According to CNBC, Nvidia's shares jumped over 3% on Wednesday, propelling its valuation beyond $5 trillion. This surge follows CEO Jensen Huang's announcement of $500 billion in AI chip orders and plans to build seven new supercomputers f...
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