Thursday, 06 June 2024 08:37

Nvidia Just Passed Apple's Market Cap

Written by Sadat Paul
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Nvidia's market value overtakes Apple's amid the AI surge, with shares reaching an all-time high, solidifying its dominance in the tech industry.

Nvidia has surpassed Apple in market value, reaching a very high market cap thanks to the AI boom. This remarkable achievement places Nvidia just behind Microsoft, making it the second-largest public company in the U.S. The surge is largely attributed to the growing demand for Nvidias advanced AI technology, which has been a key driver of the companys rapid ascent in recent years.

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