Nvidia overtakes Microsoft to become world’s most valuable company

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Apple,Microsoft,Nvidia

Nvidia had recently also announced a stock split of 10-for-one, which came into effect this year on June 7.

The rise in Nvidia’s share value can be attributed to the demand for its chips from Microsoft, Google and other companies.Riding on the artificial intelligence wave, chip giant Nvidia has dethroned Microsoft to become the world’s most valuable company.

The rise in Nvidia’s share value can be attributed to the demand for its chips from Microsoft, Google, and other companies in the AI and computing sector. Global tech giants are racing to develop bigger and better AI-enabled gadgets and robots, and Nvidia is taking advantage of this.

 

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