NVDAB Stock Price and Chart — BCBA:NVDAB

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Nvidia's shares have risen over 180% in 2024, resulting in a market value exceeding $3 trillion, as noted by Richard Toh, CEO of Kenrich Partners, in a letter to investors.

Nvidia Corp. (NVDA) holds a market capitalization of $3.35 trillion, making it the second most valuable U.S. company, just behind Apple Inc., which has a market cap of $3.85 trillion.

Nvidia is a key player in the growing AI sector, as major U.S. firms ramp up investments in AI infrastructure, driving demand for semiconductors where Nvidia excels.

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About NVIDIA

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.