Jensen Huang’s Fortune Breaks $200 Billion As Nvidia Stock Reaches Record High
- Nvidia shares hit a record high on Friday, gaining 2.9 per cent as the company's market capitalization reached roughly $5.7 trillion, extending a nearly 25 per cent rally from late July lows.
- Investors boosted the stock on Monday after Nvidia announced a record $150 billion buyback increase, leaving $235B authorized through fiscal 2028 and surpassing Apple's previous $110B record.
- The Santa Clara, California-based developer also unveiled 'The Open Agent Safety Platform' on Monday to prevent AI agent malfunctions, stating it would have blocked the recent Hugging Face breach by OpenAI models.
- Morgan Stanley's Joseph Moore restored Nvidia as his top semiconductor pick, citing 'a very undemanding valuation,' while the company holds $99bn in customer shares including Intel, SpaceX, and OpenAI.
- Nvidia remains under $300B short of becoming the first company worth $6 trillion, while Europe's most valuable listed company, ASML, requires the same $300B to reach its first trillion.
30 Articles
30 Articles
Nvidia's shares reached a new historic peak in the first hour
Nvidia hits its first record since May, within $300B of $6T
Nvidia hit a record for the first time since May, leaving it under $300B short of becoming the first company worth $6T, on a rally driven by AI agent demand and a record $150B buyback increase. ASML, Europe’s most valuable listed company, needs the same $300B to reach its first trillion. Nvidia hit a record […] This story continues at The Next Web
Nvidia shares hit a new all-time high on Friday, their first since May. The stock has gained nearly 25 percent since its low in late July, bringing the chipmaker's market value to nearly $5.7 trillion. That puts Nvidia less than $300 billion away from becoming the first $6 trillion company in history. We'll be covering similar topics at our Portfolio Investment Day conference on October 21. One of the biggest investment events of the year is com…
The shares of Nvidia were noted this Friday a new day of strong increases that allowed the manufacturer of microchips for AI to quote in historical highs and reach an ever closer market capitalization to the 6 trillion dollars (5.3 billion euros), consolidating as well as the most valuable quoted company of the ... Continue reading "Nvidia beats historical maximums and approaches the 6 billion as the largest listed company in the world"
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