Nvidia’s chips continue to play a central role in a race to dominate the market for artificial intelligence.
Shares of Nvidia have more than doubled in value so far this year after more than tripling in value in 2023. Apple, the first company to see its market capitalisation breach the $1 trillion and $2 trillion marks, is grappling with tepid demand for its iPhones in China and perceptions that it is falling behind in the race to adopt AI.
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