Jump to content

Nvidia becomes the most valuable public company

By Jubair Hossin Babu, 06/19/2024


gsmarena_001.jpg

Nvidia became the world's most valuable company on Tuesday. The Taiwanese chipmaker stock shares climbed 3.6% for a total market cap of $3.34 billion, surpassing Microsoft and Apple. The company increased its stock share prices 170% so far in 2024, a huge bump that followed a positive first-quarter report earlier this year. The stock has multiplied ninefold since the end of 2022, a rise that coincides with the emergence of generative AI. Nvidia has about 80% of the market for AI chips used in data centers, and this is a pivotal business for OpenAI, Microsoft, Alphabet, Amazon, Meta,...

View the full article

  • 39 Views
  • 0 Comments



Comments

There are no comments to display.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
IP.Board News by DevFuse
×
×
  • Create New...

Write what you are looking for and press enter or click the search icon to begin your search