【Ai is back! AI computing power giant Nvidia's market value surged by 1.1 trillion overnight, returning to above $900]
On March 12, local time, U.S. chip stocks returned to their gains. NVIDIA's stock price rose 7.16% to close at US$919.13, almost erasing all the losses in the previous two trading days. The market value increased by approximately US$153.5 billion (approximately RMB) in a single day. 1,102.3 billion yuan), with a total market value of US$2.3 trillion.
As the saying goes, “During the gold rush, selling shovels made the most money.” In the current hottest AI trend, Nvidia is the most profitable "shovel king".
Some analysts have raised Nvidia's target price to $1,400, which means there is still 55% room for growth.
The highest target price has reached $1,400
Currently, NVIDIA has become the third largest company in the world by market value, second only to Microsoft and Apple. The total market value of Microsoft and Apple is now US$3.09 trillion and US$2.67 trillion respectively. NVIDIA's market value of US$2.3 trillion is only one step away from Apple.
