Nvidia’s market value reached US$3.53 trillion , just ahead of Apple’s US$3.52 trillion , according to data from LSEG.
Nvidia and other semiconductor stocks were boosted on Friday after data storage company Western Digital reported stronger-than-expected quarterly profits, boosting hopes for continued data centre demand. This recent surge followed a 54 per cent quarterly profit jump by TSMC, the world’s largest contract chipmaker, driven by high demand for AI chips.
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