Nvidia surpasses Apple to become the world’s most valuable company

The company now has a $3.43 trillion market cap!

Image by Alana Jordan from Pixabay (with added cat face element courtesy of Canva)

Nvidia has overtaken Apple to become the world’s most valuable company, reaching a market capitalization of $3.43 trillion after a 2.9% share increase.

Here are a few key points:

• This surpasses Apple’s $3.38 trillion and marks Nvidia's second time holding the top position, previously achieving it briefly in June.

• Nvidia's advanced AI technology, essential for training models like ChatGPT and Google’s Gemini, has drawn massive investment from major tech firms, elevating its value above that of Amazon and Meta combined.

• Nvidia’s stock has surged over 850% since late 2022, and the company will soon join the Dow Jones Industrial Average.