The post Nvidia Soars to $1 Trillion Valuation Driven by AI Revolution appeared first on Coinpedia Fintech News
Nvidia briefly joined the trillion-dollar club on Tuesday morning as demand for generative artificial intelligence tools surged. Tech companies, both big and small, are incorporating AI tools into their products, as evident from the recent Google I/O and Microsoft Build events. Nvidia’s chips are in high demand as a crucial supplier for AI projects. However, by the end of Monday, the stock price had dropped to $401.11, pushing Nvidia’s market value just below the $1 trillion mark.
