Accelerating the expansion of its layout, NVIDIA spent 1 billion dollars on AI companies in 2024.

① NVIDIA will invest 1 billion dollars in 50 rounds of funding for startups in 2024, surpassing the 0.872 billion dollars and 39 rounds of funding in 2023; ② NVIDIA's investments are mainly focused on AI companies, which are often buyers of its GPUs, and the investments may recover some expenses from them.

cls.cn19:01

After NVIDIA's market cap skyrocketed by 171% to 2 trillion USD in 2024, where will the stock price head next?

Source: According to Semiconductor Industry Observer and Reuters, driven by the surge in interest for AI and strong demand for AI-centric chips across various industries, $NVIDIA (NVDA.US)$ has become the fastest-growing company in Global Market Cap in 2024. The chip manufacturer's Market Cap grew by more than $0.02 million last year, and its stock price surged by 178% in 2024, making it the third best-performing stock in the S&P 500 Index. By the end of 2024, its Market Cap reached $3.28 trillion, becoming the second most valuable company in the world.

Semiconductor industry observation12:21

US stocks are moving丨NVIDIA rises over 4%, reaching a nearly 1-month high.

On January 3rd, Gelonghui reported that NVIDIA (NVDA.US) surged more than 4%, reaching $143.98, setting a new high since December 6, 2024. According to corporate filing documents and Dealroom research reports, NVIDIA invested a total of 1 billion dollars in 50 rounds of startup financing and several corporate trades in 2024. (Gelonghui)

Gelonghui Finance2minutes ago

U.S. stock market in the morning | The three major Indexes all rose, with the Nasdaq up nearly 1%! NVIDIA rose nearly 4%, and Tesla increased over 2%; some Chinese concept stocks strengthened, with MINISO soaring over 8%.

On the evening of the 3rd in Peking time, US stocks opened slightly higher on Friday. Major indices rose slightly after a turbulent start to the new year, with the S&P 500 Index possibly ending its previous five-day decline.

Global market report.4minutes ago

Expanding collaboration with NVIDIA, the automotive AI technology company Cerence surged by 70% at one point.

Cerence stated in a statement: the expanded collaboration with Nvidia provides Cerence AI with scalable and reliable tools and resources to work with Auto Manufacturers customers to develop the next generation of user experiences.

wallstreetcn11minutes ago

Apple, Microsoft, Nvidia Push Vanguard's Low-Cost S&P 500 ETF Higher

Benzinga11minutes ago