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Nvidia to be world's second-most valuable company as AI demands grow

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Nvidia could soon surpass Apple to become the world's second-most valuable company, as the biggest beneficiary of the surge in the adoption of AI applications.

<p>NEW YORK — Nvidia could soon surpass Apple to become the world's second-most valuable company, as the biggest beneficiary of the surge in adoption of AI applications takes on the iPhone&#x2

 1 spot to Microsoft earlier this year as the once high-flying company grapples with weak demand for its iPhones and tough competition in China. It was last valued at $2.92 trillion.

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