Bank of America revamps Nvidia stock price after meeting with CFO
Nvidia riding on the artificial intelligence wave, made a historic accomplishment on October 29 as the first company to reach $5 trillion in market value.
“Nvidia hitting a $5 trillion market cap is more than a milestone; it’s a statement, as Nvidia has gone from chip maker to industry creator,” Matt Britzman, senior equity analyst at Hargreaves Lansdown, which holds shares in the company, told Reuters.
The company made another important achievement on October 17, when it presented the first U.S.-made Blackwell wafer, produced at TSMC’s semiconductor manufacturing facility in Phoenix, Arizona.
The company held its three-day GTC conference at Washington, D.C. from October 27 to 29, where it made many new AI-related…
