Reported about 1 year ago
On June 18, 2024, Nvidia, the leader in AI chip design in the U.S., became the world's most valuable company with a market capitalization exceeding $3.33 trillion. Its stock price rose by 3.5% to reach $135.58 per share, setting a new record high. Nvidia's market value has surpassed Microsoft and Apple, making it the most valuable publicly listed company globally. Analysts believe that Nvidia's position as the highest-valued company is a result of its significant gains from the '4th Industrial Revolution,' predicting a fierce competition for a $4 trillion market value between Nvidia, Apple, and Microsoft in the coming year.
Source: YAHOO