Nvidia surpasses Microsoft to become most valuable US company

The staggering run for Nvidia’s stock carried it to the market’s mountaintop Tuesday, as it became the most valuable company on Wall Street.

Underneath that calm market surface, Nvidia was the star again. It rose again, this time up 3.5%. It was the strongest force pushing the S&P 500 upward, again. And it lifted its total market value further above $3 trillion, again. Microsoft and Apple were at the vanguard of Big Tech, which is the dominant force in the U.S. stock market after amassing strength through the digitization of the world. Nvidia is riding the wave of a more specific tech surge, this time in artificial intelligence.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia passes Microsoft in market cap to become most valuable public companyNvidia shares have multiplied by more than nine-fold since the end of 2022, and the chipmaker surpassed Microsoft to become the most valuable public company.
Source: NBCLA - 🏆 319. / 59 Read more »

Nvidia topples Microsoft as world's most valuable companyShares of Nvidia are showing no signs of cooling off as investors double down on the chipmaker's dominance in leading the artificial intelligence race.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Nvidia leapfrogs Apple, Microsoft to take crown as most valuable companyNvidia leapfrogs Apple, Microsoft to take crown as most valuable company
Source: Investingcom - 🏆 450. / 53 Read more »

Nvidia pushes out Apple, Microsoft to become world’s most valuable companyThe computer chipmaker’s stock market value rose to $3.3 trillion, surpassing Apple and Microsoft.
Source: washingtonpost - 🏆 95. / 72 Read more »