Nvidia has become the first chipmaker to hit a $1tn valuation, leading a surge of enthusiasm across Wall Street for companies seen to benefit from the latest developments in artificial intelligence.
Its shares rose more than 4 per cent to hit $406.1 in early trading in New York on Tuesday, after its chief executive Jensen Huang launched a new supercomputer and struck new AI alliances with companies including WPP and SoftBank on Monday.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased