Thursday, July 10, 2025

Creating liberating content

Nvidia CEO Jensen Huang delivers remarks next to U.S. President

Related News

Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., on April 30, 2025. Leah Millis | Reuters Nvidia

NEW DELHI: Further talks on the India-US trade deal are lined up in the coming days with negotiators once again headed to Washington as the government seeks to finalise an

Nvidia became the first company valued at over $4 trillion. Here’s what that means for AI. – CBS News Watch CBS News Nvidia became the first public corporation to be

Elon Musk (L) & Don Lemon Reuters (L) | Getty Images (R) Ex-CNN anchor Don Lemon’s lawsuit against tech billionaire Elon Musk and his social network X over the cancellation

Indeed and Glassdoor, the job search and employee review firms, are slashing a total of roughly 1,300 jobs as their parent company, Japan’s Recruit Holdings, embraces artificial intelligence. In an

Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions. The price

Trending News

Investor confidence in India’s unlisted securities market has taken a hit after HDB Financial Services’ Initial Public Offering was priced significantly below grey market expectations. The impact has rippled across

The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the

US stocks started on a cautious note Thursday despite a surge in airline shares led by Delta Air Lines, which posted strong quarterly results and raised its outlook for the

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old US cereal company WK Kellogg in a deal valued at approximately $3.1 billion. The Ferrero Group

Unemployment benefit claims in the United States dipped last week,falling to a historically healthy range over the past couple years. These figures offer another sign of strength in the country’s

Companies that rank highest on diversity are delivering a clear financial edge, with a new study showing that inclusive firms recorded nearly 50% more profit after tax (PAT) than their

Nvidia’s market cap reaches $4 trillion! US chipmaker only 5% shy of crossing India’s total GDP; what’s driving the rise?

Word Count: 678 | Estimated Reading Time: 4 minutes


Nvidia’s market cap reaches $4 trillion! US chipmaker only 5% shy of crossing India’s total GDP; what’s driving the rise?
India’s GDP is estimated at $4.2 trillion, according to the IMF, with projections indicating growth to $4.27 trillion soon.

Nvidia Corporation’s market capitalization has crossed the $4 trillion mark! Nvidia Corporation, the US chipmaker giant, became the first company in the world to cross the $4 trillion market valuation figure. Nvidia achieved this significant milestone on Wednesday when its shares increased by approximately 3% on Nasdaq, reaching their highest point in 52 weeks, driven by the artificial intelligence sector’s expansion.What’s even more astounding is that Nvidia’s market cap is just shy of India’s estimated GDP. According to an ET report, a modest 5% increase in Nvidia’s share price would elevate its market value beyond the total GDP of India.India’s GDP is estimated at $4.2 trillion, according to the IMF, with projections indicating growth to $4.27 trillion soon, the report said.

Why Nvidia’s Stock Is Rising?

The company’s stock performance has been exceptional, showing gains exceeding 24% over the previous year and 18% in 2025 to date, significantly outpacing the Nasdaq Composite, which recorded gains of 11% and 6.5% respectively.The Wednesday share price increase coincided with the announcement from Nvidia-supported Perplexity AI regarding their introduction of Comet, an innovative web browser featuring AI-enhanced search capabilities.This venture, established by Jensen Huang, aims to compete directly with the current market leader, Alphabet’s Google Chrome.Perplexity AI has entered the browser market with a new offering that uses artificial intelligence to handle user navigation and decision-making autonomously, according to Reuters.The report highlighted Google Chrome’s dominant position in the global browser landscape, commanding 68% market share in June, significantly outperforming competitors Safari, Microsoft Edge, and Firefox, as per StatCounter data.Nvidia’s market capitalization is more than its primary competitors, with Microsoft and Apple valued at $3.7 trillion and $3.1 trillion respectively.The new browser, Comet, supported by prominent investors including Jeff Bezos and SoftBank, offers a consolidated platform for queries, task execution, and research. It features an integrated assistant capable of product comparisons, content summarisation, scheduling, and simplifying complex processes through conversational interactions.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account