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Why does the rise of Nvidia and AI remind people of the dot-com boom?
Chipmaker Nvidia surpassed Microsoft to become the world's most valuable company amid the AI boom. Are there parallels with the dot-com boom and bust?
AI-Related Tokens Surge Following Nvidia's To Be the World’s Most Valuable Company
Fetch.ai (FET) has led a notable surge in major AI-related cryptocurrency tokens over the past 24 hours, spurred by Nvidia's recent achievement of becoming the world's most valuable company.
Nvidia tide is lifting the tech sector
Nvidia itself has been the most obvious beneficiary of this. Its vertiginous stock market rise has turned it into the world’s most valuable company. But a spate of earnings announcements and AI-related deals over the last two weeks has also brought encouraging evidence that the boom sparked by the launch of OpenAI’s generative AI chatbot ChatGPT is spreading.
Nvidia is now the world’s most valuable company
Nvidia overtook Microsoft as the world’s most valuable company. Its market capitalisation of $3.3trn is more than 20 times what it was in January 2020. Investors are buying its shares as greedily as tech giants are buying its artificial-intelligence chips.
Nvidia May Lead Early Upward Move On Wall Street
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move the upside as trading
Nvidia’s Ascent to Most Valuable Company Has Echoes of Dot-Com Boom
The chip maker passes Microsoft for the top spot, just as John Chambers-led Cisco Systems did two decades ago. He says the situation now is different.
Nvidia surpasses Microsoft to become the largest public company in the world
Nvidia, Wall Street’s artificial intelligence poster child, is now the most valuable company in the world, taking the crown from Microsoft.
Nvidia Remains the Stock to Own in This Bull Market
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Despite its big gain on the year and recent 10-for-1 stock split, chipmaker
Nvidia Tops Microsoft to Become Largest U.S. Company
Nvidia’s shares rose Tuesday to make it the U.S.’s most valuable listed company, underlining the high demand for the company’s artificial intelligence chips. The shares finished the day up 3.5% at a record-high $135.
Yahoo Finance
6h
Here's What You Need to Know About Tech ETF XLK's Shake-Up
The Technology Select Sector SPDR Fund XLK, the second-largest ETF in the sector, is poised for a big rebalance this week.
KTLA
1d
Nvidia’s stock market value topped $3.3 trillion. How it became No. 1 in the S&P 500, by the numbers
Nvidia
’s startling ascent in the stock market reached another milestone Tuesday as the chipmaker rose to become the most valuable company in the S&P 500. Investors now say the company is worth ...
14d
on MSN
Nvidia at $3T: ETFs with the biggest weightings in the hot AI chipmaker
The milestone move by Nvidia (NASDAQ:NVDA) pushing beyond the $3T in market cap Wednesday helped drive up exchange-traded ...
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