Nvidia's Market Cap Soars: Now World's Most Valuable Public Company

In a historic moment, Nvidia surpasses Microsoft, Apple to become the world's most valuable publicly traded company.
Nvidia's Market Cap Soars: Now World's Most Valuable Public Company
Nvidia Surpasses Everyone, Becomes the World's Most Valuable Company! Remember those predictions about AI taking over the world? Well, Nvidia's taking a big step in that direction – but instead of killer robots, they're conquering the stock market! Since the beginning of 2024, Nvidia's market cap has skyrocketed, nearly tripling to a mind-blowing $3.34 trillion . That's right, trillion with a "T"! (Image Source: companiesmarketcap.com) This puts them ahead of tech giants Microsoft (trailing closely at $3.31 trillion) and Apple, who've been bumped to third place with $3.28 trillion. So, how did Nvidia pull off this incredible feat? The AI Gold Rush The answer, in a nutshell, is AI. Specifically, the race to create true artificial general intelligence (AGI) – the kind of AI that could potentially think and learn like humans. Nvidia's GPUs are the go-to hardware for training these complex AI models, and as the AI boom explodes, so has demand for their…

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