Nvidia passes Microsoft in market cap to become most valuable public company

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Nvidia shares have multiplied by more than nine-fold since the end of 2022, and the chipmaker surpassed Microsoft to become the most valuable public company.

Nvidia, up more than nine-fold since the end of 2022, has surpassed Microsoft to become the most valuable public company.

Founded in 1991, Nvidia spent its first few decades primarily as a hardware company that sold chips for gamers to run 3D titles. It's also dabbled in cryptocurrency mining chips and cloud gaming subscriptions.

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