Congrats to the latest tech darling, Nvidia Corp. (NVDA), on hitting $1 trillion in market cap.
Nvidia is the supposed pure-play, must-own company for all things artificial intelligence (AI)—it produces the chips that go into data centers that power AI.
Now it joins the trillion-dollar market-cap club. This exclusive club includes a handful of tech giants, including Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), Meta (META), and Tesla (TSLA).
That’s not what I’m most impressed by, though.
The most impressive part is an action taken by management only days before the company hit that major milestone…
Which checks one of the boxes I always look for in any investment.