Nvidia beats Microsoft to become world's most valuable company

Italia Notizia Notizia

Nvidia beats Microsoft to become world's most valuable company
Italia Ultime Notizie,Italia Notizie

The stock ended the trading day at nearly $136, up 3.5%, making it more valuable than Microsoft.

  • 📰 BBCTech
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 55%

Nvidia became the world’s most valuable company after its share price climbed to an all-time high on Tuesday.

Nvidia makes computer chips needed for artificial intelligence software, and demand for its products has boosted its sales and profits over the last few years. Tuesday’s share price rally means the market now values the company at $3.34tn , with the price having nearly doubled since the start of this year.Competition among AI developers is fierce. Microsoft, Google-owner Alphabet, Meta and Apple are just some of the tech heavyweights battling to create a world-beating product.As such, investors believe the company will continue to surge in value. Nvidia’s sales and profit figures have surpassed many analyst expectations in recent years.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

BBCTech /  🏆 81. in İT
 

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Nvidia overtakes Microsoft to become world's most valuable public companyNvidia 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.
Leggi di più »

Nvidia beats market expectations again, but for how long?Nvidia beats market expectations again, but for how long?262% topline increases won't last forever, amid market worries that mega AI investments won't pay off...
Leggi di più »

SK hynix shimmies towards AI silicon by driving merger of South Korean Nvidia challengersSK hynix shimmies towards AI silicon by driving merger of South Korean Nvidia challengersSapeon and Rebellions think they can do better together
Leggi di più »



Render Time: 2025-01-13 00:41:39