Nvidia was already the world’s most valuable semiconductor firm. Now, it’s become the first computer-chip company ever to hit $3 trillion in market capitalization.
The last time Nvidia was worth more than Apple was in 2002, five years before the first iPhone was released.Nvidia has shown no signs of slowing down or letting its rivals catch up; the company’s chief executive officer Jensen Huang said the firm “We see this sea change as in the very early innings,” said Angelo Zino, senior equity analyst at CFRA Research.
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Nvidia is set to overtake Apple in market valueNvidia looks set to blow past Apple to become the world's second most valuable company, right behind Microsoft.
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Nvidia adds an Adobe to its market cap in 24 hoursThe increase was second only to its own $277-billion jump on the day following its previous earnings report in February.
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