# Computer chip-maker Nvidia reached a record of four-trillion-dollars, equal to just over 72-trillion-rand, in its market capitalisation, making it the first company in the world to reach the milestone. Shares of the leading chip designer rose as much as 2.8-percent to an all-time high of just over two-thousand- 959-rand, benefiting from an ongoing surge in demand for artificial-intelligence technologies. Nvidia’s soaring market value underscores Wall Street’s confidence in the rapid growth of AI. The company’s high-performance chips form the backbone of this technological advance.
IT company Nvidia reaches world milestone with over R72-trilllion market capitalisation