Nvidia rises 2.5% to hit another record, solidifies position as world’s most valuable company

Nvidia cemented its status as the world’s most valuable company after the semiconductor bellwether’s shares gained 2.5% to hit another record on Thursday, as partners Dell and Super Micro Computer received server orders for Elon Musk’s AI startup.

Nvidia, whose market capitalization surpassed that of Microsoft on Tuesday, was set to add nearly $84 billion to its last close market value of $3.34 trillion at the current level of $138.99.

Microsoft had a market value of $3.32 trillion, as of last close. Its shares were down 1% at $442 in early trade.