Nvidia has set a new record for the largest daily increase in market value in Wall Street history, adding $330 billion in a single day.

This surge, driven by a significant rise in AI-related spending, elevated Nvidia’s market cap to $2.88 trillion, making it the third-most valuable company globally.

Nvidia Corporation is an American multinational technology company headquartered in Santa Clara, Califo ia, and incorporated in Delaware.

Specializing in graphics processing units (GPUs), application programming interfaces (APIs) for data science and high-performance computing, and system-on-a-chip units (SoCs) for mobile and automotive markets, Nvidia is a dominant supplier of AI hardware and software.

Despite recent volatility, Nvidia's shares have surged over 150 percent in the past year, reflecting strong demand for its AI-focused GPUs.



(colombotimes.lk)