Nvidia’s market cap reaches $4 trillion! US chipmaker only 5% shy of crossing India’s total GDP; what’s driving the rise?

Nvidia’s market capitalization has surpassed $4 trillion, driven by the AI sector’s growth, even nearing India’s GDP. The surge followed the unveiling of Comet, an AI-enhanced web browser by Perplexity AI, backed by Nvidia. This new browser aims to challenge Google Chrome’s dominance in the market, offering AI-driven navigation and task execution.