Nvidia (NVDA) hit a new all-time intraday trading high and $3 trillion market cap on Wednesday. Market Domination hosts Jared Blikre and Julie Hyman discuss catalysts for the company's new record and new Wall Street price targets on the stock. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
(Bloomberg) -- Nvidia Corp. was already the world’s most valuable semiconductor firm. Now, it’s become the first computer-chip company ever to hit $3 trillion in market capitalization.Most Read from BloombergBlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEModi Vows to Retain Power Even as Party Loses India MajoritySEC Hedge Fund Fee Disclosure Rule Struck Down by US Court‘Mag Seven’ Drive US Stocks Toward All-Time Highs: Markets WrapModi’s Magic Is Fading Fast. Who’s Next for In
Nvidia’s stock price has more than doubled this year after more than tripling in 2023 and it's now the third most valuable company in the S&P 500. Nvidia's stock rose again Wednesday to touch $3 trillion in market value. Nvidia, which has positioned itself as one of the most prominent players in AI, has been producing some eye-popping numbers.