8 days ago • Posted by William Ramstein

Nvidia stock's surge makes chip maker 10th biggest US listed company

Shares of the Santa Clara, Calif., firm have risen nearly 80% over the past year, giving it a market value of around $453 billion. That is more than rivals Intel Corp. and Broadcom Inc. combined. Nvidia makes processors that power gaming and cryptocurrency mining. Chip shares have risen in part thanks to a pandemic-induced global shortage of semiconductors that has driven up the prices of everything from laptops to automobiles. Source: WSJ

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