models and other cutting-edge technologies. Because of their difficult and expensive manufacturing process, there is a global dependence on only a few companies for their production.
For the first time, Nvidia’s market capitalization has exceeded $3 trillion, positioning the multinational corporation just slightly ahead of Apple and behind$26 billion in revenue for the first quarter of this year, up 18% from the previous quarter and up 262% from a year ago.
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Nvidia briefly passes Apple as world’s most valuable companyNvidia and Apple are jousting for the title of world's second most valuable company by market capitalization as Microsoft maintains the pole position by a slim margin.
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