
Nvidia (NVDA) stock is back in the news, this time mostly for pleasant reasons. Last week, the company’s market capitalization reached $4 trillion as it surpassed Microsoft (MSFT) and Apple (AAPL) to achieve that milestone. It’s been a dream rally for NVDA.
What makes the feat even more impressive is that Nvidia achieved it despite losing billions of dollars in quarterly revenue in China, due to the U.S. tightening restrictions on exports of high-end artificial intelligence (AI) chips to the country.