Nvidia, the maker of high-performance chips, is now the world's most valuable company, overtaking tech giant Microsoft. This news was published by the Bloomberg agency.
Shares of Nvidia rose 3.4% in data from Tuesday, June 18, to reach a market capitalization of about $3.3 trillion, putting it ahead of Microsoft Corp. and Apple Inc. Throughout the month, the shares of these companies competed for the top spot, and now Nvidia has become the leader among its competitors in the high-tech industry.
Nvidia is considered one of the biggest users of artificial intelligence technology, thanks to its chips that help data centers handle the complex computing tasks required for artificial intelligence applications.
The company Nvidia stands out among other companies with a significant increase in revenues from artificial intelligence. At the close of recent trades, Nvidia shares are up more than 160% in 2024 alone, adding more than $2 trillion to its market cap.
At the end of 2023, Nvidia announced several key projects aimed at the further development of its technologies, which strengthens the interest of investors in its shares. The company plans to continue its innovative policy to remain a leader in the field of artificial intelligence and computer graphics.
During this period, not only has Nvidia's market capitalization increased, but its influence on the global technology map has also strengthened significantly, making it one of the key figures in the field of innovation and development of high-tech products.
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