With this morning pre-market rally Nvidia hits the $5 trillion mark! Freaking Apple is currently under $4 trillion and is the next closest! This is WILD!
Even after last years HUGE run Nvidia is still up 50% so far this year! It is just insane what this company has been doing!
The latest move higher comes shortly after CEO Jensen Huang said Nvidia expects $500 billion in AI chip orders and announced plans to build seven new supercomputers for the U.S. government. source
It is wild in that it shows how weak the dollar is.
The dollar might have fallen 5% over the last 12 months but its still up 4% over the last 5 years and 10% over the last 10 years.
Who knew making chips would be so revolutionary
They went to GPU's back before anyone thought about doing so..... true trailblazers tbh