Chipmaker dethrones Microsoft and Apple as stock market surge boosts valuation above $3.34tn
Nvidia became the world’s most valuable company on Tuesday, overtaking tech heavyweight Microsoft, as its chips continue to play a central role in a race to dominate the market for artificial intelligence.
Shares of the chipmaker climbed 3.5% to $135.58, lifting its market capitalization to $3.34tn, just days after overtaking the iPhone maker Apple to become the second most valuable company.
About Author
More Stories
Former bosses at video games firm Ubisoft on trial in France accused of sexual harassment
Millions of Australian workers to get an above-inflation pay rise as minimum wage lifts by 3.5%
High-rise, high expectations: is Casablanca’s finance hub a model for African development?