Nvidia overtakes Apple as world's most valuable company

  • Posted on October 25, 2024
  • By Business News Today
  • 1 Views
Nvidia overtakes Apple as world's most valuable company

Nvidia has surpassed Apple to become the world's most valuable company. This shift is due to the high demand for Nvidia's supercomputing AI chips. Nvidia's stock soared and its market capitalization briefly reached $3.53 trillion, compared to Apple's $3.52 trillion. The company's gains are also bolstered by strong demand from AI companies like OpenAI.
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