New Delhi, July 10 -- Nvidia on Wednesday made history by being the first publicly listed company to surpass a market cap of $4 trillion, as investors hype up an artificial intelligence boom powered by the company's industry-leading processors.
The $4 trillion market value was a result of a rally in Nvidia stock prices, which jumped 2.8 per cent to $164.42 on Wednesday to crack the milestone. The incessant rally in Nvidia share price has also come as a welcome sign for its CEO Jensen Huang, who has seen his net worth jump by billions over the past few months.
According to Bloomberg Billionaires Index, Nvidia CEO Jensen Huang's net worth has surged by a whopping $27.6 billion since January 1 this year, marked by a consistent upward movem...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.