Despite all gloomy forecasts that this could be the year when and the balloon is cracked, Nvidia went into a higher speed.
The value of the leading chip design company on Thursday briefly reached a new record level, which temporarily became the most valuable company in history, with market capitalization near 4 trillion dollars. Analysts predict that he will soon knock that record again. The shares of the manufacturer and chips Nvidia reached a new highest value on Thursday, briefly raising the company’s market capitalization to 3.92 trillion dollars (3.33 trillion euros), which is mostly in the history of any company.
This exceeded the previous $ 3.91 billion record set in December 2024, although the market capitalization of Nvidi has fallen below that level again.
The shares of that company were traded on the highest $ 160.98 during the day, in order for the price to fell below that border, which market capitalization at the end of the trade day amounted to about $ 3.89 trillion.
The technological shares benefited from the better than the expected publication of employment in non-agricultural sectors in the US, which is interpreted as a sign of a resistant American economy. This optimism is further encouraged by predicting that companies will continue to invest in development and technologies, which will continue to grow demand for and chips. The shares of Nvidi rose more than 50 percent in less than two months. Analysts expect the company to reset the market value again soon and retain the high price of the stock to closing the stock exchange, the business diary is transmitted.
“Div in the production of chips Nvidia is on its way to achieving a new stock exchange closure,” Coatsworth Day said, analyst for investment at Aj Bell, adding that “and the revolution is still strong”.
The Director of Financial Analysis in Aj Bella, Added: “Despite all gloomy forecasts that this could be the year when the Balloon is rooted, Nvidia went into a higher speed. The company is on the way to crashing the prestigious record.”
The current market value of Nvidi is greater than three total market capitalization of the Stock Exchange in Spain and more than four times higher than market capitalization in Italy.
(Vijesti.ba)
