NVIDIA (NVDA) becomes first company to pass $5 trillion valuation

byadmin

NVIDIA Reaches Historic $5 Trillion Market Cap Milestone

This week, NVIDIA made history by becoming the first-ever company to reach a $5 trillion valuation in market capitalization. As one of the most prolific chip makers and designers of hardware powering the AI market, NVIDIA continues to experience rapid growth alongside the expanding AI industry. Major tech giants are investing heavily in AI, driving demand for NVIDIA’s cutting-edge products.

On Tuesday, NVIDIA’s market cap hit an impressive $5.07 trillion, marking a significant moment that was widely observed across the financial markets. The milestone was first reported by CNBC, highlighting NVIDIA’s dominant position in the tech sector.

This achievement comes shortly after NVIDIA announced it had relocated much of its Blackwell AI chip production to Arizona, United States. The move is part of the company’s ongoing efforts to enhance its manufacturing capabilities and strengthen its foothold in the AI hardware market.

NVIDIA’s continuous rise in value is no surprise. The company has long been a leader in AI chip and hardware design, thriving as tech companies pour millions into the sector to gain a competitive edge. Despite facing challenges, such as being forced to exit the Chinese market due to pressure from both Chinese and U.S. governments, NVIDIA’s growth has remained robust.

Additionally, strategic collaborations like the recent partnership with Eli Lilly to build a supercomputer have further propelled NVIDIA’s market presence and innovation. As AI technologies continue to evolve, NVIDIA is well-positioned to maintain its leadership and expand its influence across the industry.
https://www.shacknews.com/article/146567/nvidia-nvda-5-trillion-valuation

Related Posts

EXCLUSIVE: CBFC reduces kissing scene in Thamma by 5 seconds; replaces ‘Azaadi doonga’ with ‘Aiyaashi karata hoon’

Three days are left for the release of the grand Diwali biggie, Thamma, and the excitement is gradually building up. The makers, Maddock Films, completed the censor process on time and in this article, Bollywood Hungama will exclusively focus on the cuts suffered by the horror comedy. The Central Board of Film Certification (CBFC) asked for audio cuts in three places and one visual modification as well. The word ‘Alexander’ was replaced with ‘Sikandar’. In another dialogue, the word ‘Ashwathama’ was muted. In the second half of the film, the words ‘Azaadi doonga’ were replaced with ‘Aiyaashi karata hoon’. The Examining Committee also asked the makers to ‘reduce the slurping sound of drinking blood to minimum’. Finally, a kissing scene in the second half was reduced by 30%, that is, by 5 seconds. The last modification may dampen the excitement of the moviegoers but on the positive side, this is the shortest intimacy cut asked by the CBFC in recent times. In Sunny Sanskari Ki Tulsi Kumari, liplock visuals were reduced by 60%. In Saiyaara, the makers were instructed to delete and replace 10 seconds of ‘sensual, intimacy, body exposure visuals’. Lastly, in Superman, the CBFC axed 33 seconds of ‘sensual visual’ from Superman. It led to massive criticism as the studio had to make abrupt cuts to accommodate CBFC’s directive. Coming back to Thamma, once the changes were made, the censor certificate was handed over to the makers on October 15. The film was passed with a U/A 16+ rating. The length of the movie, as mentioned on the censor certificate, is 149. 59 minutes. In other words, Thamma is 2 hours 29 minutes and 59 seconds long. Thamma releases on Tuesday, October 21 and stars Ayushmann Khurrana, Rashmika Mandanna, Nawazuddin Siddiqui and Paresh Rawal. It is backed by blockbuster producer Dinesh Vijan’s Maddock Films and directed by Aditya Sarpotdar of Munjya (2024) fame. It is a part of the Maddock Horror Comedy Universe and hence, belongs to the same world as Stree, Bhediya and Munjya. Also Read: Thamma Creates Diwali Frenzy: Thamma advance tickets selling fast after historic fan screening in Delhi.

Leave a Reply

Your email address will not be published. Required fields are marked *