Nvidia vaults past Apple and Microsoft to become world’s most valuable company

Nvidia has leapfrogged Microsoft and Apple to become the most valuable publicly listed company in the world, following months of explosive share price growth driven by demand for its chips and an investor frenzy over artificial intelligence. The company’s shares climbed 3.5 per cent to $135.58 on Tuesday, bringing its market capitalisation to $3.335tn and surpassing the two tech giants that have long jostled for pole position on US stock markets.

Nvidia’s software ecosystem, Cuda, which offers tools for developers using its chips, cements its dominance. It is meanwhile rolling out its new generation of more powerful Blackwell chips, with Huang promising a “one-year rhythm” of new releases. Competitors such as AMD and Intel have launched competing AI chips but have yet to meaningfully eat into Nvidia’s commanding market share.

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Nvidia beats Microsoft to become world's most valuable companyThe stock ended the trading day at nearly $136, up 3.5%, making it more valuable than Microsoft.
منبع: BBCTech - 🏆 81. / 55 ادامه مطلب »

Nvidia overtakes Microsoft to become world's most valuable public companyA so-called stock split has been credited with driving the chipmaker's value further into the stratosphere, 12 days after it claimed the number two spot from Apple.
منبع: SkyNews - 🏆 35. / 67 ادامه مطلب »