The stock price of Nvidia, the American semiconductor giant, rose, and its market capitalization, which indicates the value of a company, at one point exceeded $2 trillion, or 300 trillion yen in Japanese yen, for the first time.
Driven by the rapid expansion of the use of generative AI, the company has a market capitalization of over $2 trillion, making it the third largest company in the US stock market after IT giants Apple and Microsoft.
Nvidia's stock price rose on the New York Stock Exchange on the 23rd, and its market capitalization, which indicates the value of a company, temporarily exceeded $2 trillion, or 300 trillion yen in Japanese yen terms, for the first time.
Demand for the semiconductors produced by this company is rapidly increasing due to the rapid expansion of the use of generative AI, and the company's final profit for the three months ending last month was 8.7 times the same period last year. We continue to have great results.
It has attracted the attention of investors as a symbol of semiconductor-related companies that are expected to perform well in the future due to the demand for AI, and the financial results announced on the 21st have pushed the Nikkei Stock Average and Dow Jones Industrial Average to record highs in the Japanese and U.S. stock markets. This caused the update.
With a market capitalization of over $2 trillion, it is the third largest company in the US stock market after IT giants Apple and Microsoft, demonstrating once again that expectations for AI demand are increasing.