Nvidia’s stock hits new high as it reaches this milestone level

United States

Last Updated: Oct. 21, 2024 at 4:21 p.m. ET
First Published: Oct. 21, 2024 at 2:08 p.m. ET

Nvidia Corp.’s stock was a standout gainer in the chip sector on Monday as it powered to levels that cemented a new milestone.

Only Apple Inc. AAPL had ever finished with a market capitalization above $ 3.5 trillion, and now Nvidia NVDA has joined the club as well. The company’s closing market cap was $ 3.525 trillion in Monday action, according to Dow Jones Market Data.