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Nvidia eclipses Microsoft as world's most valuable company

  • Nvidia's chipmaker shares rose 3.2% in mid-day trading on Tuesday, surpassing Microsoft in market cap at $3.33 trillion after previously hitting $3 trillion, surpassing Apple.
  • Nvidia dominates the AI chip market with 80% share, benefiting from companies like OpenAI, Microsoft, Alphabet, Amazon, and Meta increasing AI model workloads.
  • The stock climbed 170% this year due to its AI chip market leadership, closing 3.5% higher on Tuesday.
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171 Articles

Left

The American manufacturer of chips and computer equipment Nvidia has overtaken Microsoft in market capitalization to become the most valuable company in the world, writes Reuters.

·Riga, Latvia
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Lean Left

The company has overtaken Apple and Microsoft.

Center

According to CNBC, Nvidia is even more valuable than Microsoft.

·Finland
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Lean Right

American chipmaker Nvidia has become the most valuable company in the world, after its shares rose by 3.5 percent to $135.60 and raised its market value to $3.33 billion.

·Belgrade, Serbia
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Bias Distribution

  • 37% of the sources are Center
37% Center

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MarketWatch broke the news in United States on Tuesday, June 18, 2024.
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