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Nvidia Surpasses Apple to Become World's Highest Valued Company

Nvidia Surpasses Apple to Become World's Highest Valued Company

Nvidia has taken the lead as the world’s most valuable company, surpassing tech giant Apple. The chip-making giant’s stock climbed 2.9% to reach $139.93 on Tuesday, pushing its market valuation to $3.43 trillion, just above Apple’s $3.38 trillion.

This boost in Nvidia’s market cap is largely driven by Wall Street’s enthusiasm for artificial intelligence, as the demand for AI-related technology propels the company’s growth. Nvidia first became the largest traded company in June, and this latest rise further solidifies its leadership in the AI industry.

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