Nvidia is Wall Street's most valuable company. How it got there, by the numbers
- Posted on November 21, 2024
- By Business News Today
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Nvidia is Wall Street's most valuable company. How it got there, by the numbers
Nvidia surpassed Wall Street predictions, reporting doubled revenue due to high demand for its semiconductors used in AI. The company anticipates further growth. Nvidia's market value reached $3.579 trillion, regaining the top position in the S&P 500. Its data center business revenue surged by 112%. Analysts project Nvidia's revenue to reach $126.5 billion by fiscal year 2025.