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Nvidia's new milestone: The two-trillion-dollar club

Less than a year ago, fabless chipmaker Nvidia Corp did the unthinkable- after crushing first-quarter earnings expectations, the Silicon Valley tech company’s market capitalisation shot above one trillion dollars. Three artificial intelligence-powered jumbo earnings beats later, and that milestone pales in comparison to where Nvidia is today. Thanks to skyrocketing demand for its cutting-edge AI-focused microchips, Nvidia is now valued at more than two trillion US dollars. Such is the tremendous premium pla ...