New York (United States), 29 October (LaPresse/AP) – Nvidia has become the first company to be valued at $5 trillion, just three months after the Silicon Valley chipmaker first surpassed the $4 trillion mark. Strong interest in Nvidia chips is the main reason why the company's share price has risen so rapidly since the beginning of 2023. Nvidia shares reached $207.86 today. With 24.3 billion shares outstanding, Nvidia's market capitalisation has thus reached $5.05 trillion.
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