The $3 trillion company trinity is back today after NVIDIA's market value hit $3.17 trillion (~RM 13.68 trillion ). NVIDIA shares rose more than 3% after President Trump's administration lifted a ban on the purchase of artificial intelligence (AI) chips that President Biden introduced in January. So, what should you know about it?
For your information, Saudi Arabia also announced an investment worth hundreds of billions to build artificial intelligence (AI) data centers using NVIDIA GB300 chips yesterday. NVIDIA is still behind Microsoft, which is now worth $3.338 trillion (~RM 14.4 trillion) and Apple, which is worth $3.18 trillion (~RM 13.72) .
With NVIDIA now free to sell chips to countries that have agreements with the United States and high tariffs on China being reduced this week, the stock values of the world's major technology companies are expected to soar again in the near future.
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