Nvidia's stock price soared to a new high, triggering heated market discussions! On Monday, Nvidia's stock price reached $138.07, an increase of nearly 180% this year, and its market value reached $3.4 trillion, making it the second largest company in the United States after Apple. This significant growth is due to its absolute advantage in the AI chip market, with an estimated market share of 70% to 95%. Nvidia CEO Jen-Hsun Huang even said that demand for the new generation of Blackwell chips is "crazy" and has been sold out until next year. The editor of Downcodes will give you an in-depth understanding of Nvidia's brilliant achievements and the stories behind them.
On Monday, chip manufacturing giant Nvidia once again hit a record high in the stock market, with its stock price reaching $138.07 at the close. This kind of increase has investors gearing up, because as giants such as Microsoft, Meta, Google, and Amazon are about to release financial reports, the market is full of expectations for their investment in AI infrastructure.
Nvidia's stock price has risen by almost 180% this year, which has left many people stunned. What's even more surprising is that Nvidia's dominant position in the AI chip market is very solid, with its market share estimated to be as high as 70% to 95%.
According to analysis by Mizuho Securities, Nvidia's market value has now reached US$3.4 trillion, making it the second largest company in the United States, second only to Apple. This achievement is not easy.
Behind this brilliance, Nvidia CEO Huang Renxun has played an important role. According to data from Forbes, Huang Jen-Hsun’s personal wealth has now exceeded US$121.5 billion.
Recently, he said at a public event that in addition to the strong demand for existing chips, the demand for their new generation Blackwell chips is simply "crazy." The new chips are expected to be officially launched in the fourth quarter, and according to Morgan Stanley, they are already sold out within the next 12 months.
Nvidia's success not only relies on its strong product portfolio and market share, but also stems from its keen grasp of technological innovation and market demand. In the coming days, we might as well continue to pay attention to Nvidia's developments and see what new surprises it can bring us in the field of AI.
Highlight:
Nvidia shares hit a new high of $138.07 on Monday, up nearly 180% for the year.
? The company’s market share in the AI chip market is as high as 70% to 95%, and its market value has reached US$3.4 trillion.
CEO Jen-Hsun Huang said demand for the new generation of Blackwell chips is "crazy" and has been sold out until next year.
Nvidia's success is not only the soaring stock price, but also represents its leading position and technical strength in the field of artificial intelligence. It remains to be seen whether Nvidia can continue to maintain this strong momentum in the future. The editor of Downcodes will continue to pay attention to Nvidia's developments and bring you more exciting reports!