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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Coverage Details
Total News Sources0
Leaning Left29Leaning Right32Center30Last UpdatedBias Distribution35% Right
Bias Distribution
- 35% of the sources lean Right
35% Right
L 32%
C 33%
R 35%
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