Nvidia becomes world's most valuable company

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Nvidia News

World's Most Valuable Company,Microsoft,Market Capitalization

Shares of the chipmaker climbed 3.2% to $135.21, lifting its market capitalization to $3.326 trillion, just days after overtaking iPhone maker Apple to...

-Nvidia became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft, as its chips continue to play a central role in a race to dominate the market for artificial intelligence.

The stock has surged about 173% so far this year, compared with a rise of about 19% in Microsoft shares, with demand for its top-of-the-line processors outpacing supply. Tech giants Microsoft, Meta Platforms and Google-owner Alphabet are racing to build out their AI computing capabilities and dominate the emerging technology.

"A stock split can reduce the price per share, making it more affordable for individual investors to buy. With Nvidia doing a 10:1 stock split, retail investors are the real winners here," said Sam North, market analyst at investment platform eToro. TD may still be discounted, but there other great options to buy right now. Here's a top pick better than TD Bank stock right now. The post 1 Dividend Superstar I’D buy over TD Bank Stock appeared first on The Motley Fool Canada.While Enbridge remains a top investment choice in 2024, this TSX dividend stock is positioned to outpace the Canadian energy giant. The post Before You Buy Enbridge: Here’s a Different Dividend Stock I’d Buy First appeared first on The Motley Fool Canada.

 

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