On Wednesday, its share surged past $164 and briefly crossed the milestone, before pulling back to $162.88 and $3.97tr market cap
NVIDIA
Latest in NVIDIA
3D printing technology
Nvidia shares surge as it becomes world’s most valuable company again
Shares hit an all-time high of $154.31 on Wednesday, lifting it ahead of Microsoft with a market capitalisation of $3.77 trillion
Artificial intelligence
Abu Dhabi’s Khazna to build Blackwell-ready data halls for NVIDIA across MEA
Khazna’s upcoming projects to feature NVIDIA-ready blueprints, ensuring full compatibility with the latest GPU-accelerated workloads
Abu Dhabi
G42 and NVIDIA collaborate to introduce a hyper-local weather forecasting model
It was successfully tested to simulate fog progression across the UAE, which showcased the platform’s advanced visualisation capabilities
Artificial intelligence
Mukesh Ambani’s Reliance to build world’s biggest AI data centre in Gujarat: Report
The company plans to equip the data centre with Nvidia Corp’s cutting-edge AI semiconductors, targeting a capacity of three gigawatts
NVIDIA
Nvidia market value soars $2 trillion in 2024 on AI surge
Apple continued to lead global companies in market value, nearing a historic $4 trillion valuation
Apple
Nvidia set to dethrone Apple as most valuable company as its shares close all time high
The latest gains lifted Nvidia’s market value to $3.39 trillion, just below Apple’s $3.52 trillion value and above Microsoft’s $3.12 trillion
Artificial intelligence
UAE President Sheikh Mohamed meets with Microsoft, BlackRock, and Nvidia CEOs to explore tech opportunities
The CEOs of the three companies expressed their keen interest to continue their collaboration with the UAE in advanced technology
Chip Maker
Nvidia shares slide as DoJ intensifies antitrust probe
The chipmaker has been served a subpoena as US Department of Justice intensifies investigation into abuse of market domination
Artificial intelligence
Investors unimpressed by Nvidia’s 122% growth in revenue
Although the Jensen Huang-led company beat market expectations on most counts, the share fell 8% in after-hours as investors wanted more
Artificial intelligence
Wealth: Nvidia CEO now $68 billion richer, nearly triples net worth in six months
Experts predict Nvidia’s AI technology could add trillions of dollars to the global economy, positioning CEO Jensen Huang to become one of the top wealthiest individuals in the world
Artificial intelligence
Qatar’s Ooredoo partners Nvidia to supercharge AI in the region
Thousands of Nvidia Tensor Core GPUs to be deployed in its AI data centres; Will cater to growing demand for generative AI in MENA
Apple
Microsoft regains market top spot after Nvidia stock price dives
Nvidia, Microsoft and Apple – each worth more than $3 trillion – are in a three-horse race to be the world’s most valuable company
Artificial intelligence
Nvidia overtakes Microsoft as most valuable company in the world
The Jensen Huang-led company becomes only the 12th to achieve that distinction in 98 years of S&P 500 Index
Artificial intelligence
Nvidia breaches $3 trillion market capitalisation; overtakes Apple
The stock has jumped 147 percent this year and now trails just Microsoft; Apple gets back in the $3 trillion club as well
Artificial intelligence
NVIDIA shares breach $1,000 mark after another stunning result
Revenue of $26 billion and net income of $14.88 billion easily beats market expectations; Company announces 1:10 stock split and enhanced dividend