Nvidia's market value surpasses $5 trillion again

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Odaily Planet Daily reports that U.S. stocks closed on April 24, with Nvidia’s share price up more than 4% and its market capitalization exceeding $5 trillion. This marks the second time Nvidia’s market cap has again surpassed $5 trillion after nearly six months since late October last year.

Last week, Stanford University released a report that mentioned the rapid popularization of AI. The report says that AI is spreading at an unprecedented speed, with the adoption rate of generative AI reaching 53%, faster than the spread of personal computers and the internet. However, DeepSeek released a new model, DeepSeek-V4, featuring a million-plus word ultra-long context. It has achieved leading performance in domestic and open-source fields in terms of agent capabilities, world knowledge, and reasoning. The model is developed in cooperation with Huawei Ascend. Frontier models that work with domestic computing power vendors and complete adaptation are expected to help drive the use of domestic computing power—and, objectively, also pose a challenge to Nvidia. (Yicai)

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