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The ravenous appetite for Nvidia’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
By MICHELLE CHAPMAN
AP Business Writer
Nvidia photo
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Nvidia headquarters in Santa Clara, Calif. The upheaval unleashed by the AI craze is widely viewed as the biggest tectonic shift in technology since the iPhone.
Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier.
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