Current Affairs · Global Market Capitalization
Consider the following statements regarding Nvidia's market performance in recent years: 1. Nvidia became the first company globally to cross $4 trillion in market value. 2. The massive demand for AI chips was a primary driver of Nvidia's growth. 3. Nvidia's stock fell consistently over 40% due to macroeconomic volatility. 4. Nvidia holds a significant weight of around 7.5% in the S&P 500 Index. 5. CEO Jensen Huang is credited for the company's strategic pivot to AI. Which of the statements given above are correct?
- 11, 3, and 4 only
- 22, 3, and 5 only
- 31, 2, and 5 only✓
- 41, 2, and 4 only
Correct answer
1, 2, and 5 only
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