Nvidia's stock soared to record highs on Wednesday, with the artificial intelligence chipmaker's valuation surpassing the $3 trillion mark. This milestone positions Nvidia ahead of Apple, making it the world's second most valuable company. Nvidia's stock closed the day with a 5.2% increase, reaching $1,224.40 per share, and bringing its market capitalization to $3.012 trillion. Nvidia's remarkable growth is attributed to the booming demand for its AI processors. Nvidia's stock has surged 147% in 2024, driven by high demand for its cutting-edge processors. Companies like Microsoft, Meta Platforms, and Google-owner Alphabet are racing to enhance their AI computing capabilities, further fueling Nvidia's growth. Additionally, Nvidia is preparing for a ten-for-one stock split, effective June 7, which is expected to boost its appeal to individual investors. The Tegra K1 powered NVidia Shield tablet is now official and will be priced competitively (starts at $299) and will have an optional wireless controller. Read more in our articles including "NVIDIA is now the second most valuable company in the world" and "NVidia Shield Tablet with Tegra K1 starts at $299".
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May 23, 2026Nvidia's stock soared to record highs on Wednesday, with the artificial intelligence chipmaker's valuation surpassing the $3 trillion mark. This milestone positions Nvidia ahead of Apple, making it the world's second most valuable company.
Nvidia's stock closed the day with a 5.2% increase, reaching $1,224.40 per share, and bringing its market capitalization to $3.012 trillion. Nvidia's remarkable growth is attributed to the booming demand for its AI processors. Nvidia's stock has surged 147% in 2024, driven by high demand for its cutting-edge processors.
Our coverage of nvidia growth includes: "NVIDIA is now the second most valuable company in the world"; "NVidia Shield Tablet with Tegra K1 starts at $299"; "NVidia to seed Android KitKat update to Shield". Each article provides unique insights and information.