Reported about 1 year ago
Nvidia has become the world's most valuable company, overtaking Microsoft, with a market capitalization of $3.341 trillion. The surge in Nvidia's market value is attributed to its high-end processors playing a crucial role in the race to dominate artificial intelligence technology, with its stock price rising by 3.7%. This shift reflects the Wall Street frenzy around emerging AI technology, although some investors express concerns about the sustainability of this trend in case of a slowdown in AI spending.
Source: YAHOO