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Nvidia crosses $3 trillion, overtakes Apple as second-most valuable company
Nvidia’s market value crossed $3 trillion for the first time Wednesday, propelling the chipmaker above Apple to become the second-most valuable company in the world. The chipmaker, whose processors are central to powering the current artificial intelligence (AI) craze, saw its shares climb 5.16 percent Wednesday ahead of Friday’s stock split. Microsoft remains the world’s most valuable company, with a market capitalization of $3.15 trillion. Nvidia inched just above the $3 trillion mark, with $3.01 trillion, while Apple remains close behind, right at $3 trillion. Nvidia has seen a meteoric rise as major tech ... (full story)
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