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nvidia surpasses apple to become world's most valuable company again

Nvidia has surpassed Apple to become the world's most valuable publicly traded company, with a market cap of $3.43 trillion compared to Apple's $3.4 trillion. The surge in Nvidia's stock, which has nearly tripled in 2024, is driven by its dominance in the GPU market and strong growth in artificial intelligence. Meanwhile, Apple reported a 6% revenue increase but indicated weaker growth expectations, as Nvidia prepares to join the Dow Industrial Average, replacing Intel.
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United States Dollar NVIDIA Corporation OpenAI Microsoft Corporation S&P Dow Jones Indices LLC Apple Inc. USA OpenAI’s ChatGPT Jensen Huang Show more
Technology & Innovation, Market Report
22:02 05.11.2024
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