Nvidia becomes world’s most valuable company amid AI boom

Chipmaker dethrones Microsoft and Apple as stock market surge boosts valuation above $3.34tn

Nvidia became the world’s most valuable company on Tuesday, overtaking tech heavyweight Microsoft, as its chips continue to play a central role in a race to dominate the market for artificial intelligence.

Shares of the chipmaker climbed 3.5% to $135.58, lifting its market capitalization to $3.34tn, just days after overtaking the iPhone maker Apple to become the second most valuable company.

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​Chipmaker dethrones Microsoft and Apple as stock market surge boosts valuation above $3.34tnNvidia became the world’s most valuable company on Tuesday, overtaking tech heavyweight Microsoft, as its chips continue to play a central role in a race to dominate the market for artificial intelligence.Shares of the chipmaker climbed 3.5% to $135.58, lifting its market capitalization to $3.34tn, just days after overtaking the iPhone maker Apple to become the second most valuable company. Continue reading… 


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