Nvidia share price rallied over 3% on Tuesday as the chip maker the world’s most valuable company, dethroning tech heavyweight Microsoft. Nvidia shares rose 3.5% to $135.58, lifting its market capitalization by over $110 billion to $3.335 trillion, just days after overtaking iPhone maker Apple to become the second most valuable company, Reuters reported. The … Read more
Last week, Nvidia briefly overtook Apple to become the second most-valuable company in the world at $3.01 trillion. Even as Nvidia shareholders and its chief executive rejoiced, analysts and watchers of the company claimed the future may not be so easy. Mint explains: What explains Nvidia’s rise to the top table? Nvidia’s rise to the … Read more
The shares of Dell Technologies jumped a record 25% on Friday propelled by optimistic projections foreseeing an upswing in the demand for information technology equipment to capitalize on the flourishing artificial intelligence (AI) trend. The market boost will help to add another $17.7 billion to Dell’s market value as it climbed to $118.8 on Friday. … Read more