Nvidia Overtakes Microsoft and Apple, Secures Top Spot As ‘Most Valuable Company in World’; Check Details
Nvidia has taken first spot as the "most valuable company" in the world, weeks after beating Apple for second spot. Now, Nvidia has beaten Microsoft and become number one with $3.335 trillion in valuation.
Nvidia has overtaken two of the most valuable companies in the market - Microsoft and Apple- and has gained the top spot. US-based Nvidia is a tech company that produces the companies' most advanced chips, software, and systems. Currently, Nvidia is led by CEO Jensen Huang, who founded the company in 1993. A few weeks ago, Nvidia took away Apple's second spot, and now it has beaten Microsoft, scoring the top spot. Nvidia is mainly known for its GPUs (Graphic Processing Units). According to reports, Nvidia leads with a total valuation of $3.335 trillion, while the second-runner, Microsoft, has around $3.327 trillion valuation. The Apple, with its third-spot, is worth $3.325 trillion. Apple Shutting Down Its Apple Pay Later Services in United States, Announces To Launch ‘Global Installment Loans’ to Multiple Countries.
Nvidia Beats Microsoft and Apple, Ranks on Top Spot As "Most Valuable Company in the World"
Nvidia is officially the most-valuable company in the world
Added $3 trillion in market cap over the last 20 months
Unbelievable pic.twitter.com/9xwEfFHueG
— Morning Brew ☕️ (@MorningBrew) June 18, 2024
Nvidia Now Most Valuable Company in the World:
Nvidia became the world’s most valuable company Tuesday, rising 3.5% to close at US$135.58/share, putting its market value at $3.3 trillion, topping Microsoft and Apple for the first time, media report, noting Nvidia executives and directors have cashed in on the rally, unloading…
— Dan Nystedt (@dnystedt) June 19, 2024
(The above story first appeared on LatestLY on Jun 19, 2024 09:04 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
