Nvidia's record value rise to $1.52 trillion again demonstrates its leadership
In May 2023, the market value reached the previous high, with an increase of about $250 billion.
Nvidia: Record growth and interest in artificial intelligence
Nvidia's Market Value Gains a Record in January
Nvidia saw a huge increase in market value in January, reaching an all-time peak of $300 billion in growth, bringing its total value to $1.52 trillion. The venture has generated increased interest due to optimism around artificial intelligence and new opportunities associated with the new technology.
Increased Demand and New Desktop GPUs
Last December, the company's stock reached new heights after announcing fresh desktop GPUs and improvements components and software related to artificial intelligence.
Microsoft: the most valuable company thanks to Azure
At the same time, Microsoft set a new record , becoming the most valuable company in the world, with an increase of $159.36, mainly due to increased demand for their Azure cloud service. The company recently released its quarterly earnings and announced planned AI spending, which is expected to increase significantly.
Microsoft surpasses Apple, Meta hits trillion
Current market value Microsoft is worth $2.95 trillion, putting it above Apple with a market value of $2.85 trillion. Meta also strengthened its position, reaching the $1 trillion mark for the first time since September 2021. However, Tesla shares lost about 24.5% of their value due to concerns about slowing growth. CEO Elon Musk has warned that sales growth this year will be significantly lower despite recent price cuts.
Answers to questions
Which company saw a record surge in market value in January?
In January, Nvidia saw a record surge in market value.
- Nvidia is a company developing GPUs and artificial intelligence.
- Microsoft is the world's largest technology company providing various IT services, including cloud services and software.
- Meta is a company formerly known as Facebook that develops and supports social media platforms and products.
- Tesla is a company specializing in the development and production of electric vehicles and renewable energy.
- Elon Musk is a famous personality, founder and CEO of Tesla, SpaceX and other technology projects.