Nvidia temporarily becomes part of the $1 trillion valuation club

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[{"selector":"#anim-242de2f2-0c52-4298-abf3-a5657b82805e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-38.78419204378157%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The chipmaker produces 80% of graphics processing units (GPUs) used in generative AI, attracting attention from tech giants

[{"selector":"#anim-2ae44cd5-c6e4-466d-a33b-effd05f9d0f9","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ae39906-52a1-477c-be51-ef41cdcf8993","keyframes":{"transform":["translate3d(-177.04918%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nvidia has successfully pivoted to the data center market, benefiting from trends like gaming, cloud adoption, and crypto mining

[{"selector":"#anim-fd3443b7-5bf8-474c-a8b7-630bee46a209 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-38.78419204378157%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Despite high valuations, analysts expect future growth, as adoption of generative AI technology is still at an early stage Via