Nvidia becomes the world's most valuable company by market capitalization — Chipmaker dethrones Apple for the second time this year
The AI hype is in full throttle, as Nvidia is now the largest company in the world by market cap. With a market capitalization of $3.52 trillion, Nvidia has effectively dethroned Apple for thesecond timethis year. This news follows developments in the stock market, with Nvidia’s shares surging by 2.72% this morning. All top leaders had a bullish start to the day, but a 0.64% uptick wasn’t enough for Apple to hold off the green storm....