News Formal

The $5 trillion monster: Nvidia just became the world’s most valuable company

  • 📰 smh
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

The AI giant jumped over rivals Microsoft and Apple for the top spot after another share price surge.

Nvidia’s relentless rally has propelled the semiconductor giant’s market capitalisation over its mega-cap tech peers, helping it clinch the title of the world’s most-valuable company as

Nvidia’s surging stock price has made co-founder and chief executive officer Jensen Huang one of the world’s richest people.Earlier in the month, Nvidia capped Apple by market value for the first time since 2002, and the two went back and forth in rankings in recent days. Last week, Apple also overtook Microsoft to trade in the top spot briefly.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia hits $3tn and surpasses Apple as world’s second most valuable companyAI chipmaker’s stock has surged 147% so far in 2024, underscoring shift in tech world as demand for its processors far outstrip supply
Source: GuardianAus - 🏆 1. / 98 Read more »