Coverage dated May 29, 2023

Nvidia on Track to Hit $1 Trillion Market Cap When Market Opens

Headline from NBC Los Angeles

Nvidia is on track to hit a $1 trillion market cap at the market open Tuesday, buoyed by an AI frenzy and a massive earnings beat.

NBC Los Angeles's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

22 articles, oldest first.

  1. The Guardian

    Nvidia: chipmaker’s strategic AI moves result in a tech position of power (opens The Guardian)

    Published

    The Guardian's feed description

    The company is now the fifth most valuable in the US after investing in artificial intelligence early on

  2. NBC Los Angeles

    Nvidia on Track to Hit $1 Trillion Market Cap When Market Opens (opens NBC Los Angeles)

    Published

    NBC Los Angeles's feed description

    Nvidia is on track to hit a $1 trillion market cap at the market open Tuesday, buoyed by an AI frenzy and a massive earnings beat.

  3. Fortune

    Nvidia hits the trillion-dollar mark on A.I. strength (opens Fortune)

    Published

    Fortune's feed description

    It's now one of five companies above that level.

  4. Investopedia

    Nvidia Enters $1 Trillion Valuation Club (opens Investopedia)

    Published

    Investopedia's feed description

    Nvidia's market capitalization crossed $1 trillion in early trading Tuesday, adding it to the elite group comprising Apple, Amazon, Microsoft, and Google parent Alphabet.

  5. The Guardian

    Nvidia becomes first chipmaker valued at more than $1tn amid AI boom (opens The Guardian)

    Published

    The Guardian's feed description

    Shares in chip company rise on back of hopes for rising demand from artificial intelligence applications

  6. UPI

    Chipmaker Nvidia joins the trillion-dollar club (opens UPI)

    Published

    UPI's feed description

    With shares flirting with $410 each on the tech-heavy NASDAQ on Tuesday, chip-maker Nvidia became the first company of its kind to reach the $1 trillion market cap.

  7. WOWK Charleston

    Chipmaker Nvidia joins exclusive club of companies with a $1 trillion market capitalization (opens WOWK Charleston)

    Published

    WOWK Charleston's feed description

    Nvidia has joined the exclusive club of companies with a $1 trillion market capitalization as the chipmaker benefits from the growing use of artificial intelligence. Nvidia Corp. joins tech titans …

  8. Wall Street Journal

    Nvidia Nears $1 Trillion Market Cap (opens Wall Street Journal)

    Published

    Wall Street Journal's feed description

    Chip maker Nvidia is set to enter an exclusive club of companies with a trillion-dollar market capitalization. Its shares would need to trade at $404.858 or higher to reach a $1 trillion market cap, according to Dow Jones Market Data based on the latest shares outstanding. Nvidia is currently tradi

  9. Fortune

    Why Nvidia deserves its $1 trillion valuation (opens Fortune)

    Published

    Fortune's feed description

    The company dominates the market for A.I. chips, but is earning resentment from would-be rivals and customers.

  10. Fortune

    Nvidia stock soars to join the ‘Trillion-Dollar Club’—a group that until now has only ever had 6 members (opens Fortune)

    Published

    Fortune's feed description

    Nvidia's P/E is now around 70. But that means that to reward investors, its future profit growth needs to be spectacular.

  11. Honolulu Star-Advertiser

    Nvidia joins club of companies with a $1 trillion market cap (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    Nvidia has joined the exclusive club of companies with a $1 trillion market capitalization as the chipmaker benefits from the growing use of artificial intelligence.

  12. FOX Business

    Nvidia market cap tops $1T (opens FOX Business)

    Published

    FOX Business's feed description

    Nvidia's push into AI has helped catapult shares of the chipmaker to a new milestone, giving it a market value of over $1 trillion joining just a handful of other tech giants.

  13. The Oregonian

    Chipmaker Nvidia joins exclusive $1 trillion companies club (opens The Oregonian)

    Published

    The Oregonian's feed description

    Nvidia Corp. joins tech titans like Alphabet, Apple and Microsoft in the $1 trillion club.

  14. Forbes

    Nvidia Hits $1 Trillion Market Value (opens Forbes)

    Published

    Forbes's feed description

    Nvidia joins Apple, Saudi Aramco, Microsoft, Alphabet and Amazon in the exclusive club.

  15. NBC News

    Chipmaker Nvidia hits $1 trillion market capitalization (opens NBC News)

    Published

    NBC News's feed description

    It’s been a banner year for chipmakers, parts of the tech industry and the Nasdaq, driven in part by the AI frenzy and the possibility of slowing Federal Reserve rate hikes.

  16. The Week

    The rise of AI chipmaker Nvidia (opens The Week)

    Published

    The Week's feed description

    Why a previously little-known company is nearing a $1 trillion valuation

  17. KTVZ Bend

    Fueled by AI, Nvidia joins the $1 trillion club (opens KTVZ Bend)

    Published

    KTVZ Bend's feed description

    By Nicole Goodkind, CNN New York (CNN) — Booming demand for its AI chips has landed Nvidia (NVDA) a prime spot in one of the most exclusive clubs on Wall Street: The chipmaker hit a market cap of $1 trillion on Tuesday. It’s just the ninth company globally to have achieved such a feat, and

  18. New York Post

    Chipmaker Nvidia briefly hits $1T in market value on booming ChatGPT, AI demand (opens New York Post)

    Published

    New York Post's feed description

    Nvidia joins an elite group comprising Apple, Alphabet, Microsoft and Amazon.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Nvidia on Track to Hit $1 Trillion Market Cap When Market Opens | Since Then