AI chipmaker Nvidia surpasses Apple, Microsoft to become world's most valuable company

AI chipmaker Nvidia surged past Apple and Microsoft to become the most valuable company in the world – the latest milestone as Wall Street investors chase the booming artificial-intelligence sector.

The latest uptick pushed the market cap of Nvidia — whose CEO Jensen Huang has become known for his trademark leather motorcycle jackets — to a whopping $3.34 trillion. Long known as a maker of high-end graphics cards for PC gamers, Nvidia has emerged in recent years as the key supplier for firms racing to develop advanced AI.Southerners slam neighbors with 'lefty politics' who move in and drive up cost of living: 'Don't California my Tennessee!'

In blockbuster first-quarter earnings results last month, Nvidia revealed revenue for its data center segment rose to $22.6 billion – a stunning increase of 427% compared to the same period one year ago.The Justice Department has reportedly launched a probe into the chipmaking company’s business and whether it has violated competition laws.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Microsoft, Apple, and Nvidia in race to hit $4 trillion market capMicrosoft, Apple, and Nvidia in race to hit $4 trillion market cap - Wedbush
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Nvidia leapfrogs Apple, Microsoft to take crown as most valuable companyNvidia leapfrogs Apple, Microsoft to take crown as most valuable company
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

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.
Sumber: washingtonpost - 🏆 95. / 72 Baca lebih lajut »