NVIDIA Surpasses Microsoft and Apple with 3.6% Surge to Become World's Highest Valued Company

Reported 8 months ago

Amid the AI boom, NVIDIA's stock price has been steadily rising and surpassed the $3 trillion mark in June, joining the ranks of tech giants like Microsoft and Apple. On June 18th, NVIDIA's stock price surged by 3.6%, pushing its market value to $3.34 trillion, surpassing both Microsoft and Apple to become the world's highest-valued company. With its focus on AI chips and expanding into cloud gaming and cryptocurrency, NVIDIA's stock has risen by 170% this year, elevating its founder Huang Renxun to the 11th richest person globally at $117 billion. NVIDIA's dominance in the AI chip market and the growth in its data center business signal continued potential for market value increase.

Source: YAHOO

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