Nvidia Backet Most Valuable Company
The chip -making veteran NVIDIA has created history, leaving behind Apple and Microsoft, the world’s most valuable company crown. On Thursday, NVIDIA’s market capitation reached $ 3.92 trillion, which is more than Apple’s previous record $ 3.915 trillion and Microsoft’s current $ 3.7 trillion. This is the first time NVIDIA has achieved the number one title globally.
Nvidia in AI race
The increasing demand for Artificial Intelligence (AI) has brought NVidia to new heights. Investors’ enthusiasm towards AI is at its peak and NVIDIA has emerged as a superstar of this race. High-tech chips of the company play an important role in training big AI models. This is the reason that tech giants like Microsoft, Amazon, Meta, Alphabet and Tesla depend on NVIDIA processors for their AI data centers. The demand of these companies has made the demand of NVIDIA chips to sky touch.
500 billion to 4 trillion jumps
Once in 2021, the value of NVIDIA was around $ 500 billion, but in just four years the company has registered a jump of about eight times, preparing to touch the $ 4 trillion mark. This value is more than the total value of the stock markets of Canada and Mexico. Not only this, NVIDIA’s market capitalization has become larger than the total value of all the listed companies of Britain.
Bounce in shares, passion in investors
On Thursday, NVIDIA shares saw a rise of 2.2% and reached $ 160.6 per share. This boom drove the company ahead of its American tech rivals Apple and Microsoft. The special thing is that NVIDIA has made a great comeback due to the decline after President Donald Trump’s global tariff announcements in the stock market on 4 April. The company’s shares have jumped more than 68% from the lower level of that time.
The biggest advantage of AI Boom to Nvidia
NVIDIA is getting the biggest benefit of the ongoing revolution in the world of AI. The chips of the company are not only used to train AI models, but they also contribute to power centers on a large scale. Tech companies are investing billions of dollars to strengthen their AI infrastructure, and there is no match for NVidia in this race.
This NVIDIA flight is not going to stop yet
Investors and market analysts believe that this NVIDIA flight is not going to stop yet. Given the growing scope of AI technology and increasing needs of data centers, the story of the company’s growth is expected to run longer. This achievement of NVIDIA has caught the attention of not only the tech industry, but the investors from all over the world.