Nvidia Closes Above $3 Trillion For the First Time

Jun 5, 2024 By MarketDepth

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Nvidia (NVDA) has now joined a very elite club with Apple and Microsoft in being worth over $3 Trillion. Nvidia has pushed passed Apple to become the second most valuable company on the US stock exchange with Microsoft holding the top spot.

The rally has come with increased demand in AI and the overall tech sector has seen a surge. Nvidia is up over 140% on the year and up over 200% in the last year. The stock closed at $1,224 which is up over 50% on the day.