Market News / Story
Nvidia Stock Climbs Toward Historic $6 Trillion Market Cap
GuruFocus ·
GuruFocus reports: Nvidia has put another record behind it as the chipmaker moves closer to becoming a $6 trillion company, a milestone that would require only a modest further rise in its share price. The stock previously reached at $238, valuing Nvidia at roughly $5.76 trillion. Based on the current share count, the company would need to trade above about $249 to move beyond the $6 trillion level. The latest move comes as investors continue to assess the scale of spending on artificial…