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  • 3 months ago
Nvidia has become the first public company with a market cap of over US$5 trillion. The new record comes less than four months after it first hit US$4 trillion. Meanwhile, Taipei's mayor announced that Nvidia had selected a site for its new Taiwan headquarters.
Transcript
00:00Chipmaker NVIDIA has become the first public company worth more than 5 trillion U.S. dollars.
00:06The company's shares surged more than 3 percent on Wednesday.
00:09That's after it announced a new AI partnership with the U.S. Energy Department
00:13and potential deals with Korean firms Samsung and Hyundai.
00:17The new record high comes less than four months after NVIDIA crossed the 4 trillion U.S. dollar mark on July 7th.
00:24Taipei Mayor Zhang Wan-an also revealed on Wednesday that the company has selected its preferred plots
00:29in the city's Beito Soothing Tech Park as the site of its new Taiwan headquarters.
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