Nvidia Corp. shares rose to an all-time high on Wednesday, with the leader in artificial intelligence chips extending an advance that has cemented its position as one of the most valuable companies in the world. At one point during Wednesday’s trading, a Nvidia had a market cap of about $3.77 trillion, overtaking Microsoft Corp. at $3.66 trillion. Bloomberg’s Ed Ludlow reports.
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@craiggmelville
June 26, 2025 at 6:36 pm
This is a dumb bet on Nvidia as the models have a scaling issue and other companies are competing in the AI chip front. They have also lost the GPU gaming side of the market with AMD now with partnerships with Microsoft, Sony and Valve. It’s a mater of time for CUDA to be replaced as the only thing giving team green the lead in AI.