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  2. Nvidia is now the sixth public company in the world valued at over $1 trillion, joining Apple, Saudi Aramco, Microsoft, Alphabet and Amazon; the only other companies to ever cross the threshold are Tesla and Meta, which are each valued at less than $700 billion today, and Chinese oil giant PetroChina.
    www.forbes.com/sites/dereksaul/2023/05/30/nvidia-hits-1-trillion-market-value/
    www.forbes.com/sites/dereksaul/2023/05/30/nvidia-hits-1-trillion-market-value/
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  3. People also ask
    How much is Nvidia stock worth?Nvidia’s stock price shown opening at over $400 per share, bringing the company’s overall valuation beyond $1 trillion for the first time. Reuters reported Nvidia’s shares jumped around 25 percent last week, and premarket trading Tuesday morning had the stock hitting up to $404.91, a gain of about 4 percent, as reported by Bloomberg.
    What is Nvidia's price target?The highest price target values the company at about $1.6 trillion, on par with Google-parent Alphabet. Nvidia's forward price-to-earnings multiple (P/E), a common benchmark for valuing stocks, is 47.23.
    Why did Nvidia's stock rise 4% on Tuesday?Nvidia, an artificial intelligence and chip company headquartered in California, hit a $1 trillion market value on Tuesday, making it the first chip company to do so, according to Reuters. The company's stock rose 4.4% on Tuesday morning and about 25% over the past week. The reason? The demand for AI.
    Did Nvidia hit a $1 trillion market cap?Nvidia hit a $1 trillion market cap at the start of trading Tuesday, before slipping to $990 billion by close of trading. The company needed to hold above $404.86 to open at the trillion-dollar valuation. Nvidia hit a $1 trillion market cap at the open Tuesday before paring back gains, falling to $990 billion.
     
  4. Nvidia briefly joins $1 trillion valuation club | Reuters

     
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