Nvidia is poised to take advantage of growing demand for sovereign artificial intelligence, Citi analysts wrote Monday.

Micron is well-positioned to benefit from this trend, with its advanced HBM3E and newly shipped HBM4 products offering superior performance and efficiency. Major AI players like Nvidia and Google are adopting HBM, despite higher costs, signaling strong, price-inelastic demand for Micron's high-performance memory.

Nvidia becomes the first company to reach a $4 trillion valuation, driven by soaring demand for artificial intelligence chips and outpacing Microsoft and Apple.

KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, posted a first-half revenue surge of 40% on booming AI demand.TSMC's June revenue dropped, however, over the previous month.

Bitcoin at $117,000 and Nvidia crossing $4 trillion in market value isnt just hype — it might signal the start of a massive tech-crypto supercycle. With AI booming and crypto going mainstream in the U.

Listed in 1999, it was valued around $1 billion, when it was listed. It soared 4,000 times or 4,00,000 per cent from those levels to hit $4 trillion market capitalization.

Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.

NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.

Nvidia (NASDAQ:NVDA) came close to making history on Wednesday, briefly surpassing a $4 trillion market capitalization before pulling back slightly at market close. Shares rose 1.8% to finish at $162.

Nvidia becomes first $4 trillion company at market close. Its stock has increased more than 870 percent since ChatGPT was released in late 2022.