Kathmandu. AI chip maker Nvidia is creating new history every day. After becoming the first company in the world to have a market capitalization of $ 4 trillion, this company has set another new record.
Nvidia’s share in the U.S. S&P 500 index rose to 8 percent. In the United States, such record-keeping began in 1981 and no company has reached this place so far. As Nvidia’s stock continues to rise, it can set many new records in the coming days.
Nvidia has a market capitalization of $4.455 trillion. Only one company in the history of the United States has managed to reach more than 7 percent on the S&P 500 index. IPhone maker Apple achieved this feat in 2023.
Even in the dot-com bubble of 2000, no company dominated the S&P 500 index in this way. In 1999, Microsoft’s S&P 500 index accounted for 4 percent, and in 2000, General Electric had a 6 percent share.
In 1984, IBM had a 6 percent share in the S&P 500 index. Experts say, “The AI revolution in the world has just begun. In the coming days, as the use of AI in the world increases, the share of Nvidia and other chip manufacturing companies will increase. ’
According to experts, Nvidia’s shares could go up to $ 300 in the next two years. In the last few months, the company’s stock has seen a big increase. It was priced around $95 in April and today it’s around $183.
