Nvidia dethrones Apple as the world’s most valuable company

Nvidia dethrones Apple as the world’s most valuable company

Nvidia has dethroned Apple as the world's most valuable company following a record-setting rally in the stock, powered by insatiable demand for its specialised artificial intelligence chips. Nvidia's stock market value briefly touched 3.53 trillion US dollars, slightly above Apple's 3.52 trillion, according to data from the London Stock Exchange Group.

October 28, 2024 19

Business / Economics

Nvidia dethrones Microsoft as most valuable company

Nvidia has overtaken Microsoft and Apple to become the world's most valuable public company. The computer chip maker — at the heart of the artificial intelligence boom — now has an overall market valuation of $3.34 trillion, roughly N$ 60 trillion, with the price having nearly doubled since the start of this year. Benji Hyer reports. CNBC further reports that Nvidia shares are up more than 170% so far this […]

June 19, 2024 18