[Market Trends] AI frenzy makes Nvidia the world's most valuable company | BBC News
๐ Nvidia's Unprecedented Rise: From Gaming Chips to AI Dominance
Nvidia has surpassed Microsoft and Apple to become the world's most valuable company, with its stock price reaching an all-time high due to the rising demand for AI technology and high-end processors. Nvidia's market value has increased dramatically from $300 billion two years ago to $3 trillion. Despite this impressive growth, some investors are cautious about the company's high valuation and the potential future decline in AI demand. Nvidia's success is attributed to its strategic positioning and quality products, making it a key player in the AI and semiconductor industries.