Reported about 1 month ago
Nvidia has surpassed Apple to become the world's most valuable company, driven by a surge in demand for its artificial intelligence chips. The company's market value briefly reached $3.53 trillion compared to Apple's $3.52 trillion, with Nvidia's stock rising 0.8% to end the day at $3.47 trillion. This marks a shift in power among tech giants as Nvidia continues to thrive amid increasing investment in AI technology, while Apple faces challenges with stagnant smartphone sales.
Source: YAHOO