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Nvidia becomes first company to surpass $3.6 trillion market value after President Trump election win
Friday November 8, 2024. 11:15 PM , from Mac Daily News
Noel Randewich for Reuters: The dominant AI chipmaker’s shares rose 2.2%, lifted by broad investor optimism about tax cuts and lower regulations after the Republican candidate’s Tuesday election victory. Nvidia’s stock market value ended the day at $3.65 trillion, beating Apple’s record closing market capitalization of $3.57 trillion reached on Oct. 21, before the chipmaker on Tuesday overtook the iPhone maker as the world’s most valuable company, according to LSEG data. Apple’s stock rose 2.1% on Thursday, leaving it with a market value of $3.44 trillion. The S&P 500 technology index has surged over 4% in the two sessions since Trump won the election on Tuesday. MacDailyNews Take: The jockeying continues. Interns, please perform your most-sacred duty and Tap That Keg! Prost, everyone!
https://macdailynews.com/2024/11/08/nvidia-becomes-first-company-to-surpass-3-6-trillion-market-valu...
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