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Nvidia becomes the most valuable company in the world, surpassing Apple and even Microsoft

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Nvidia’s shares rose by 3.5%, reaching US$135.58 per share (after its 10-for-1 stock split) and pushing its market capitalisation to an impressive US$3.335 trillion!

Nvidia has become the world’s most valuable company, overtaking tech giants Apple and Microsoft.This rise came shortly after Nvidia surpassed Apple, the second most valuable company, according to Reuters reports.

The increase in Nvidia’s stock has significantly impacted major indices. The S&P 500 and Nasdaq have reached record highs, supported by the strong performance of tech stocks, with Nvidia leading the way. In comparison, trading volumes for Apple, Microsoft, and Tesla are significantly lower, each averaging around US$10 billion.

 

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