Nvidia to become the first chipmaker with a $1trillion market cap

Nvidia Corp is set to become the first chipmaker to join the trillion-dollar club as it closes in on breaching the $1 trillion market capitalization.

Nvidia will joined other tech giants like Meta, Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc are the club.

Nvidia’s shares rose about 25% last week sparking a rally in AI-related stocks and boosted other chipmakers, helping the Philadelphia SE Semiconductor index close on Friday at its highest in over a year.


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