News Formal

Nvidia topples Microsoft as world's most valuable company

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Shares of Nvidia are showing no signs of cooling off as investors double down on the chipmaker's dominance in leading the artificial intelligence race.

Chipmaker Nvidia is now the world’s most valuable company, unseating Microsoft as investors bet its AI dominance will remain unmatched for now. The chipmaker’s market value crossed $3.34 trillion on Tuesday, surpassing Microsoft's $3.32 trillion. Apple, which was unseated by both, has a market value of $3.27 trillion. Despite the gains, the trio are neck-and-neck.

Nvidia is also fresh off its 10-for-1 stock split, which began trading on June 10. Mutual fund managers and various exchange-traded funds are also adjusting for the split which could be contributing to the trading action. The shares were the most active in both the S&P 500 and Nasdaq Composite - both indices are hovering at fresh-record highs.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 458. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Nvidia passes Microsoft in market cap to become most valuable public companyNvidia shares have multiplied by more than nine-fold since the end of 2022, and the chipmaker surpassed Microsoft to become the most valuable public company.
Källa: NBCLA - 🏆 319. / 59 Läs mer »

Microsoft, Apple, and Nvidia in race to hit $4 trillion market capMicrosoft, Apple, and Nvidia in race to hit $4 trillion market cap - Wedbush
Källa: Investingcom - 🏆 450. / 53 Läs mer »