Nvidia Overtakes Apple As Ai Boom Propels Company Value Over $3 Trillion


With its market value rocketing to $3.1 trillion, NVIDIA has become the second most valuable company in the worldWith its market value rocketing to $3.1 trillion, NVIDIA has become the second most valuable company in the world.
BetaNews 1:15 pm on June 10, 2024


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NVIDIA surpasses Apple, reaching $3 trillion market cap due to AI investments and its role in training GPT-models. The rise follows a spike post Microsoft's stock split announcement on June 18th.

  • NVIDIA's Market Surge:
  • Reached $3 trillion market cap after AI investments and GPT-model training involvement.
  • Stock Split Announcement: Impacted share price, leading to NVIDIA's value increase.
  • Apple Overtaken: This is the first time Apple's market cap fell below $3 trillion in years.
  • Tech Industry Trends: Highlighting AI as a transformative force in technology companies.

https://betanews.com/2024/06/06/nvidia-overtakes-apple-as-ai-boom-propels-company-value-over-3-trillion/

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