<p>NVIDIA became the first company to ever reach $5 trillion in stock market capitalization last week among a continued surge in technology shares.</p>
<p>Shares in NVIDIA are up 3.5% over the past week and 10.8% for the year. Demand for AI chips continues to drive investment in the company and top technology firms in the area.</p>
<p>The top three most valuable companies in the world are all based in Silicon Valley. Alphabet (No. 2) has a market cap of $4.2 trillion and Apple (No. 3) has a value of $3.9 trillion as of Monday morning.</p>
<p>AMD, Intel and Sandisk shares are all trading at record highs on chip and memory demand for AI data centers.</p>
<p>[Graphic above by Google Gemini]</p>

SACRAMENTO — California added 39,400 nonfarm payroll jobs in August while the unemployment rate remained…
SAN FRANCISCO -- Kastle, an AI workforce platform transforming consumer lending, has raised $24 million in…
SAN FRANCISCO – Motive, an AI platform for physical operations, has secured more than $1.3…
EMERYVILLE -- RegCell, Inc., a biotechnology company developing first-in-class therapies to restore immune tolerance, has…
Three California companies are joining the prestigious S&P 500 Index. Bloom Energy (San Jose), Everpure…
SANTA CLARA -- Gatik, a company specializing in autonomous trucking, has announced $200 million in…