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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

La empresa tecnológica NVIDIA ha alcanzado un valor de capitalización bursátil de 3.340 millones de dólares. De esta forma, la empresa tecnológica líder en hardware y software de inteligencia artificial dirigida por el taiwanés Jensen Huang ha superado a otros gigantes tecnológicos como Microsoft y Apple y se ha convertido en la compañía más valiosa del mundo, de acuerdo con los datos de Google Finance y Yahoo Finance.

Center

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

·Helsinki, Finland
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  • 37% of the sources are Center
37% Center

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