In the fierce competition of the technology industry, NVIDIA has once again proven its strong market attractiveness. On June 5th local time, Nvidia's stock price continued to rise strongly, with the company's market value breaking through the $3 trillion mark, reaching $3.012 trillion, successfully surpassing consumer electronics giant Apple and becoming the second largest technology company in the US stock market after Microsoft.

This milestone achievement stems from Nvidia's recent strong financial report and optimistic market expectations for its future growth prospects. Since Nvidia released its latest comprehensive and unexpected financial report on May 23 this year, the company's stock price has continued to rise. The financial report shows that Nvidia achieved a revenue of $26.044 billion in the first quarter, a year-on-year increase of 262%, far exceeding the market's generally expected $24.7 billion. Meanwhile, Nvidia's sales forecast for the second quarter is also as high as $28 billion, once again exceeding market expectations of $26.6 billion.

This series of strong performances not only skyrocketed Nvidia's market value, but also set a record in Wall Street history. On the second day after the financial report was released, Nvidia's stock price rose in a single day, increasing the company's market value by approximately $218 billion, setting the second largest daily market value increase in Wall Street history. It is worth mentioning that earlier this year, Nvidia also set a record for the largest daily increase in market value in Wall Street history.

NVIDIA CEO Huang Renxun stated after the financial report was released that the company is at the starting point of the next wave of growth. He specifically mentioned the launch of the new chip Blackwell, which is expected to start shipping in the second quarter of this year and gradually increase production and launch in the market in subsequent quarters. Huang Renxun emphasized that the launch of Blackwell will bring significant revenue to Nvidia and drive continued growth in the company's performance.

In addition to strong demand from large manufacturers for Nvidia chips, demand from startups is also strong. According to Huang Renxun, there are currently approximately 15000 to 20000 generative AI startups waiting to become customers of Nvidia, using Nvidia's devices to train models. This vast potential customer base provides a solid guarantee for Nvidia's future performance growth.

Faust Technology focuses on the field of power devices, providing customers with power devices such as IGBT and IPM modules, as well as MCU and touch chips. It is an electronic component supplier and solution provider with core technology.