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What’s behind the rise of AI powerhouse Nvidia?
Nvidia’s brief streak as the world’s highest valued company in the last several weeks has catapulted the chipset manufacturer into the headlines all over the world. A year ago, Nvidia was valued at just under $1 trillion. Nine months later, it blew past the $2 trillion mark, and just 30 days after that, for a moment in June 2024 Nvidia peaked at $3.3 trillion.