Nvidia Hits a $3 Trillion Market Cap Ahead of Its 10-for-1 Stock Split. Here's What's Next for Investors.
Nvidia (NASDAQ: NVDA) stock made headlines Wednesday by becoming just the third U.S. public company to cross the $3 trillion market cap threshold. In January 2022, Apple was the first to achieve that notable feat, followed by in January 2024. A growing chorus of investors believes that Nvidia will inevitably take the market cap crown from Microsoft at some point in the near future.
Let's look at what drove Nvidia stock to such dizzying heights and what investors can expect from the chipmaker in the future.
The Nvidia GB200 Grace Blackwell Superchip. Image source: Nvidia.
Source Fool.com