Nvidia poised to Surpass Apple as World's Second Most Valuable Company

Reported 6 months ago

Nvidia's market value soared above Apple's, reaching over $3 trillion and overtaking Apple as the second most valuable company with a record-high stock surge. The upcoming ten-for-one stock split scheduled for June 7 aims to attract individual investors, signaling a potential trend shift in Silicon Valley. Nvidia's focus on AI, its high-demand processors, and its recent revenue forecast have significantly boosted its stock, while Apple faces challenges in iPhone demand and AI competition, reflecting investor optimism and potential for further market dominance.

Source: YAHOO

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