Nvidia's Market Cap Breaks $3 Trillion, Surpasses Apple as the Second Largest U.S. Listed Company

$ASML Holding (ASML.US)$ stock jumps over 8%, surpassing $LVMH Moet Hennessy Louis Vuitton (LVMHF.US)$ to become the second-largest listed company in Europe. $Taiwan Semiconductor (TSM.US)$ . shares surged by up to 7%, reaching a record high.

U.S. small non-farm data boosts stocks, with tech stocks soaring. $NVIDIA (NVDA.US)$ rose more than 5% in one day, its market cap surpassing $3 trillion, becoming the second-largest listed company after Microsoft. With U.S. chip stocks surging, $ASML Holding (ASML.US)$ ’s stock jumped over 8%, nearing a record high, bringing ASML’s market cap to over $410 billion, making it the second-largest company in Europe after $Novo-Nordisk A/S (NVO.US)$.

ASML recently stated it would deliver its latest high numerical aperture extreme ultraviolet (EUV) to TSMC this year. However, TSMC said the new machines are too expensive and the latest process can still rely on the older EUV. TSMC also mentioned it might increase prices for AI chip foundry services.