Nvidia overtakes Apple as No 2 most valuable company

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 17 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 61%

News News

Business,Science And Technology,Technology

Nvidia rallied to record highs yesterday with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking Apple to become the world's second most valuable company.

Nvidia rallied to record highs yesterday with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking Apple to become the world's second most valuable company.

The surge in Nvidia's market value above Apple's marks a shift in Silicon Valley, which the company co-founded by Steve Jobs has dominated since it launched the iPhone in 2007. Microsoft MSFT.O, based in Redmond, Washington, remained the world's most valuable company at $3.15 trillion afterits shares climbed 1.9%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

AI darling Nvidia's market value surges closer to AppleNvidia's shares rallied around 6% to hit a record high on Wall Street last night, leaving the AI chipmaker's stock market value about $100 billion away from overtaking Apple in a major reshuffle of Wall street's biggest players.
Source: RTEbusiness - 🏆 16. / 61 Read more »