Nvidia sets new record, leaves Apple and Microsoft behind to become first company in history to achieve this milestone
Nvidia has touched a staggering market value of $3.92 trillion on Thursday (July 3), positioning itself to become the most valuable company in history. This surge is fueled by Wall Street’s optimism surrounding artificial intelligence (AI). The high-end AI chipmaker pushed its market capitalisation beyond Apple’s previous record closing value of $3.915 trillion, set on December 26, 2024.
According to news agency Reuters, the company’s newest chips have been instrumental in training the largest AI models, driving an insatiable demand for its products.
