Nvidia becomes the most valuable company in the world amid the artificial intelligence boom
Kyiv • UNN
Nvidia's market capitalization reached $3.43 trillion, surpassing Apple's $3.38 trillion. The chipmaker's shares rose 2.9% to $139.93 amid the global development of artificial intelligence.
The semiconductor giant's shares rose by 2.9% to $139.93, bringing its market capitalization to $3.43 trillion, putting it ahead of Apple.
Written by UNN with references to Tech Crunch and Bloomberg.
On Tuesday, Nvidia surpassed Apple's market capitalization and became the largest company in the world thanks to the global development of artificial intelligence.
Since the end of 2022, the chipmaker has shown astronomical growth of 850%.
The day before, the company's shares rose by 2.9% to $139.93, bringing Nvidia's market capitalization to $3.43 trillion, outpacing Apple, which has a market capitalization of $3.38 trillion.
Nvidia remains a fundamental part of the world's largest language models. ChatGPT developer OpenAI collaborates with Broadcom on its own systems.
At the same time, Apple has launched its own generative artificial intelligence offering based on a small model - Apple Intelligence.
