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Nvidia Surpasses Microsoft in Market Cap as AI Demand Fuels NVDA Rally
Nvidia Surpasses Microsoft in Market Cap as AI Demand Fuels NVDA Rally
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Nvidia's market capitalization hit $3.45 trillion, eclipsing Microsoft's $3.44 trillion, as its stock climbed 3% to $141.40. The 24% monthly gain reflects Wall Street's conviction in AI infrastructure growth despite regulatory and volatility risks.
The chipmaker reported $44.06 billion in sales—a 69% annual increase—with adjusted earnings of 96 cents per share. Tech giants including Meta, Google, and Amazon are driving demand through massive AI accelerator purchases, cementing Nvidia's transition from gaming hardware to AI infrastructure dominance.
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