Nvidia’s stock skyrockets amid AI boom: Will Apple fall from the top?

Nvidia’s stock soared to a record close on Monday, placing the artificial intelligence (AI) chipmaker on the verge of overtaking Apple as the world’s most valuable company. Bolstered by strong investor confidence in the rising demand for its current and next-generation AI processors, Nvidia’s shares jumped 2.4 per cent, ending the day at $138.07, reported The Economic Times.