On Monday this week, chip manufacturing giant Nvidia once again hit a historical high in the stock market, closing at $138.07 per share. This surge has investors eager, as giants like Microsoft, Meta, Google, and Amazon are soon to release their earnings reports, and the market is full of anticipation for their investment dynamics in AI infrastructure.
Since the beginning of the year, Nvidia's stock price has nearly surged by 180%, leaving many astonished. More surprisingly, Nvidia's dominant position in the AI chip market is very solid, with an estimated market share of 70% to 95%.
According to analysis from Mizuho Securities, Nvidia's current market capitalization has reached $3.4 trillion, making it the second-largest company in the United States, just behind Apple, a remarkable achievement.
Behind this glorious success, Nvidia's CEO Jensen Huang has played a significant role. According to Forbes, Huang's personal wealth has now surpassed $121.5 billion.
Recently, he stated at a public event that demand for their existing chips remains strong, and the demand for their new Blackwell chips is simply "insane." These new chips are expected to be officially launched in the fourth quarter, and according to Morgan Stanley, they are already sold out for the next 12 months.
Nvidia's success is not only dependent on its strong product portfolio and market share but also on its keen grasp of technological innovation and market demand. In the coming days, we should continue to follow Nvidia's developments to see what new surprises it can bring us in the AI field.
Key Points:
🚀 Nvidia's stock price hit a new high of $138.07 on Monday, with a year-to-date increase of nearly 180%.
📊 The company holds a market share of 70% to 95% in the AI chip market, with a market capitalization of $3.4 trillion.
💡 CEO Jensen Huang says demand for the new Blackwell chips is "insane," already sold out through next year.
