Nvidia overtakes Microsoft to become world’s most valuable company

  • 📰 IntEngineering
  • ⏱ Reading Time:
  • 15 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

AI News

Apple,Microsoft,Nvidia

Nvidia had recently also announced a stock split of 10-for-one, which came into effect this year on June 7.

The rise in Nvidia’s share value can be attributed to the demand for its chips from Microsoft, Google and other companies.Riding on the artificial intelligence wave, chip giant Nvidia has dethroned Microsoft to become the world’s most valuable company.

The rise in Nvidia’s share value can be attributed to the demand for its chips from Microsoft, Google, and other companies in the AI and computing sector. Global tech giants are racing to develop bigger and better AI-enabled gadgets and robots, and Nvidia is taking advantage of this.

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:

 /  🏆 287. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

CNBC Daily Open: Nvidia unseats Microsoft as world's most valuable companyNvidia on Tuesday surpassed Microsoft to become the world's most valuable public company with a market cap of $3.34 trillion.
Source: CNBC - 🏆 12. / 72 Read more »

Nvidia surpasses Microsoft to become the largest public company in the worldNvidia, Wall Street’s artificial intelligence poster child, is now the most valuable company in the world, taking the crown from Microsoft.
Source: cnnbrk - 🏆 393. / 55 Read more »

AI chipmaker Nvidia surpasses Apple, Microsoft to become world's most valuable companyThe latest uptick pushed Nvidia’s market cap to a whopping $3.33 trillion. Microsoft fell to second place with a valuation of $3.32 trillion, followed by Apple at $3.28 trillion.
Source: nypost - 🏆 91. / 67 Read more »

Nvidia overtakes Microsoft as the world’s most valuable companyNvidia’s market cap closed on June 18th at $3.335 trillion, riding an AI boom powered by the company’s GPUs pushing it past Apple, Google, and Microsoft.
Source: verge - 🏆 94. / 67 Read more »

Nvidia eclipses Microsoft as world's most valuable companyNvidia eclipses Microsoft as world's most valuable company
Source: Investingcom - 🏆 450. / 53 Read more »