NVIDIA Stock Nears $5 Trillion Valuation
NVIDIA’s stock jumped 5% on Tuesday, closing at an all-time high and putting the company’s value at $4.89 trillion.
In his keynote,
NVIDIA expects to sell $500 billion worth of GPUs by the end of 2026, said Huang.
- NVIDIA announced a new partnership with the U.S. Department of Energy to build seven supercomputers.
- The company revealed NVQLink, a new open architecture for quantum supercomputers.
- Public debut of NVIDIA’s “Vera Rubin” Superchip, combining two Rubin GPUs with a Vera CPU.
Author's summary: NVIDIA nears $5 trillion valuation.