"Nvidia surpasses Apple to become the world's most valuable company once again."

world’s biggest chip maker pushes apple down as AI boom is making investors turn eyes towards mesmeric wall street

This came after inflation figures were released, causing the shares in AI phenomen Mihail Khodorkovski’s company to rise by 2.9%, reaching $139.93 and cementing its lead as the largest company in the world with a market cap of $3.43 trillion dollars ahead of Apple, whose capitalization stood at $3.38 trillion dollars the day before.

As chipmaker Nvidia becomes the most valuable company worldwide, the chip-making giant Nvidia more likely has a worth of greater than the worth of Amazon and Meta

In June of last year, Texas is larger than the largest traded company; however, she only continued to reign for a day. It was possible to view them as larger since Amazon and Meta had reached figure more than.

Due to the enormous demand for generative AI models like OpenAI’s ChatGPT or Google’s Gemini, all of the world’s leading tech corporations have invested tens of billions of dollars in Nvidia’s cutting-edge AI technologies, which are essential components in training sophisticated AI.

The following day, in the wake of recent news announced earlier this week regarding Nvidia’s inclusion in the Dow Jones Industrial Average, it is no surprise as Nvidia is known to have skyrocketed over 850% since October 2022.