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Nvidia is now a $1 trillion company thanks to the AI boom

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Source: The Verge


Nvidia has reached a $1 trillion valuation, driven by the growing demand for AI tools among tech companies. Despite early pandemic setbacks, the company recorded over $2 billion in quarterly profits and achieved significant growth in its data center segment. With its shares now trading over $400 each, Nvidia joins the select group of companies such as Apple, Microsoft, Amazon, and Google with trillion-dollar valuations.

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