Nvidia Surpasses $2 Trillion Market Value as AI Chip Orders Soar
• Nvidia's stock market value closed above $2 trillion for the first time on Friday • The rally was fueled by an upbeat report from Dell pointing to a surge in orders for AI-optimized servers • Nvidia is now Wall Street's 3rd most valuable company behind Microsoft and Apple • Nvidia controls about 80% of the high-end AI chip market with customers like Microsoft and Meta • The company added $277 billion in market cap on Feb. 23, a single-day Wall Street record