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International Business Times
International Business Times
Litty Simon

Nvidia Leads AI Boom, Overtakes Apple And Microsoft As Most Valuable Company

Nvidia has surged past Apple and Microsoft to become the world's most valuable company, driven by a booming demand for its AI-focused chips and a remarkable rally in its share price, as reported by Reuters.

According to Financial Times, Nvidia's shares climbed by 3.2% to $135.18 Tuesday, bringing its market capitalization to $3.332 trillion, thus surpassing the tech giants that have long competed for the top spot in US stock markets.

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