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
AI Gold Rush: Nvidia Surpasses Microsoft as World’s Most Valuable Public Company
Nvidia, once a niche chipmaker, has skyrocketed to become the world’s most valuable public company, surpassing tech giants like Microsoft and Apple. The company's meteoric rise has been fueled by its industry-leading AI chips. The post AI Gold Rush: Nvidia Surpasses Microsoft as World’s Most Valuable Public Company appeared first on Breitbart.
Nvidia now more valuable than Microsoft and Apple
The AI boom has made chip company Nvidia the most valuable company on the stock exchange. Nvidia reached a market value of just over 3.33 trillion dollars (around 3.1 trillion euros) on Tuesday, overtaking software giant Microsoft. With the rise to the top, Nvidia shares are the stock with the best price performance in the past 25 years, as calculated by financial service Bloomberg. Since the IPO in 1999, according to Bloomberg figures, includin…
How NVIDIA leapt over Apple and Microsoft to become the most valued company at $3.32tn
NVIDIA's market value growth has been staggering. The company expanded from a $1 trillion market cap to $2 trillion in just nine months, and it took a little over three months to jump to $3 trillion in June
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