Daniela Ruah posted an update in the group
Business 5 days, 1 hour ago
Nvidia, On 7/4/25, Briefly Became The World’s Most Valuable Company At $3.92T, Topping Microsoft ($3.7T, 2nd) & Apple ($3.19T, 3rd). A Fierce AI Race Among Tech Giants Has Driven Massive Demand For Nvidia Chips. Now Worth More Than All UK-Listed Firms & Canada+Mexico’s Markets, It Makes Up 7% Of The S&P 500, & 28% With Other Tech Titans.
(Reuters) -Nvidia hit a market value of $3.92 trillion on Thursday, briefly putting it on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI. Shares of the leading designer of high-end AI chips rose as much as 2.4% to $160.98 in morning trading, giving the company a higher market capitalization than Apple’s record closing value of $3.915 trillion on December 26, 2024. The shares were last up 1.5% at $159.60, leaving Nvidia’s stock market value at $3.89 trillion, just short of Apple’s record.