N Nvidia stock price rises, market capitalization temporarily exceeds $2 trillion. Demand for semiconductors produced by this company is rapidly increasing due to the rapid expansion of the use of generative AI.
The company's final profit for the three months ending last month was 8.7 times the same period last year. It is the third largest company in the US stock market after IT giants Apple and Microsoft. The Nikkei Stock Average and Dow Jones Industrial Average reached record highs in the Japanese and U.S. stock markets.