"Nvidia Surpasses $2 Trillion Valuation Amid AI Craze on Wall Street"

Nvidia reached a $2 trillion market valuation for the first time, driven by the soaring demand for its chips in the generative artificial intelligence sector. The company's rapid ascent has drawn comparisons to the gold rush era, and its shares have surged nearly 60% this year, contributing to the S&P 500's gains. Nvidia's latest market-beating forecast of a 233% growth in first-quarter revenue has attracted widespread attention from analysts and investors, with leading cloud computing companies expected to boost their capital expenditure to satisfy the demand for AI training and inference, further benefiting Nvidia.