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.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left28Leaning Right30Center30Last UpdatedBias Distribution34% Center, 34% Right