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Nvidia overtakes Apple as world’s second-most valuable company 

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Nvidia has surpassed Apple in market value, ranking as the second-most valuable public company as of Wednesday’s market close.

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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