Nvidia surpasses Apple to become the second-largest public company in the US

Nvidia accounts for around 70% of AI semiconductor sales and some analysts think the stock has further to go.Nvidia, Wall Street's favorite artificial intelligence darling, is continuing to swell to staggering heights.Nvidia, Wall Street's favorite artificial intelligence darling, is continuing to swell to staggering heights.

Nvidia is now the third company in the US, behind Apple and Microsoft, to cross that $3 trillion mark. Those gains also helped boost the S&P 500 and tech-heavy Nasdaq indexes on Wednesday - both closed at new record highs. The Rubin platform will succeed the Blackwell, which supplies chips for data centers and was announced only in March. It was dubbed by Nvidia at the time as the "world's most powerful chip."

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