Nvidia's market value gets $2 trillion boost in 2024 on AI rally
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Nvidia's market value increased by $2 trillion in 2024 due to a surge in interest in artificial intelligence and strong demand for its AI-focused chips.
January 02, 2025 | 9:30 am
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Nvidia's market value increased by $2 trillion in 2024, driven by high demand for its AI-centric chips and growing interest in artificial intelligence.
Nvidia's significant market cap increase is directly linked to the rising demand for AI technologies and its leading position in providing AI-centric chips. This positions Nvidia favorably in the market, likely boosting its stock price.
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