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In January, NVIDIA achieved a historic surge in market value, marking the largest monthly increase ever for the world’s most valuable chipmaker. The company’s market value soared by an unprecedented $296.52 billion, reaching approximately $1.52 trillion.
This surge surpassed its previous record set in May 2023, reflecting heightened optimism surrounding artificial intelligence (AI), positive analyst projections, and the company’s unveiling of expanded AI offerings.
The significant market value expansion was driven by positive investor response to Nvidia’s announcement of new desktop graphics processors and advancements in AI-related components and software, propelling the company’s stock to new heights.
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