Nvidia has surpassed Microsoft and Apple as the world's most valuable business, with a market capitalization of $3.33 trillion following a 3% share increase. Nvidia's shares have increased by more than 170% this year and around 1,100% since October 2022, owing to strong demand for its AI-leading chips. It demonstrates AI's expected significant impact on the global economy.
Nvidia has surpassed Microsoft and Apple as the world's most valuable business, with a market capitalization of $3.33 trillion following a 3% share increase. Nvidia's shares have increased by more than 170% this year and around 1,100% since October 2022, owing to strong demand for its AI-leading chips. It demonstrates AI's expected significant impact on the global economy.