𝓤𝓷𝓲𝓽𝓮𝓭 𝓝𝓮𝔀𝓼

Chip-maker Nvidia yesterday became the first company to surpass a $4 trillion valuation, with another recent share price surge seeing it beat Apple and Microsoft to the milestone.

Shares rose more than 2 per cent early on in Wednesday’s trading before dipping back soon after, as profit-taking ensued.

Matt Britzman, a senior equity analyst at Hargreaves Lansdown, labelled it a “historic” moment and suggested the stock could yet rise higher, given earnings valuations and market share dominance.

Good morning and welcome back to another day of business news on The Independent.

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