FILE PHOTO: A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
NEW YORK/SAN FRANCISCO (Reuters) - Even after Nvidia Corp's blistering rally in recent days, the chip developer's valuation has actually fallen, at least by one measure widely used by analysts and investors.
The chip developer has risen more than 31% in the last three sessions including a 3% gain on Tuesday to $401.11. At one point during the session, its market capitalization surpassed $1 trillion.
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