Will Nvidia Dethrone Apple as World's Biggest Company?

Nvidia continues to trade near a record high amid investor enthusiasm over surging demand for chips that power artificial intelligence appli Show More

Nvidia continues to trade near a record high amid investor enthusiasm over surging demand for chips that power artificial intelligence applications. On the other hand, Apple shares are facing the litmus test of its ability to monetize AI and ignite a supercycle for iPhone upgrades. Which stock will end the year as the world's biggest by market capital? Will Nvidia dethrone Apple?

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bullrider_21

Oct 26, 2024 01:17

Nvidia overtakes Apple as world's most valuable company

$NVIDIA (NVDA.US)$
Nvidia dethroned Apple as the world's most valuable company today, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips.
Nvidia's stock market value briefly touched USD3.53 trillion, while that of Apple was USD3.52 trillion, according to data from LSEG.
Nvidia may be the first USD4 trillion stock.
In Jun, Nvidia briefly became the world's most valuable company, be...

Will Nvidia Dethrone Apple as World's Biggest Company?