"Nvidia Surpasses Aramco to Become Third-Most Valuable Company Globally"
TL;DR Summary
Nvidia surpassed a $2 trillion market cap, making it the world's third most valuable company, overtaking Saudi Aramco. The chipmaker's success is attributed to beating analysts' expectations and the booming AI industry. Despite concerns about competition and a potential tech bubble, Nvidia's revenues soared by 270% from the previous year, driven by strong demand for its chips from major tech companies.
- Nvidia tops Aramco for third-most valuable company on Earth Quartz
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- Nvidia Stock (NASDAQ:NVDA) Hits 2T Market Cap, Analysts Are Bullish - TipRanks.com TipRanks
- Nvidia skyrocketed over the past 5 years, but 3 stocks performed even better—and none is Apple or Tesla CNBC
- Nvidia Stock Rises. The Global Chip Rally Gains Momentum. Barron's
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