Nvidia becomes the 9th company ever to hit $1 trillion market value

Nvidia has become the world's only ninth company to hit $1 trillion in market value after the gaming and AI chip company's shares rose 4.2% in early trading on Tuesday. US-based Nvidia has also become the first chipmaker to join the trillion-dollar club. Taiwan Semiconductor Manufacturing Company Limited is the next largest chipmaker globally, valued at about $535 billion.