AI factories and chips leader Nvidia becomes world’s most valuable company
https://techmonitor.ai/policy/nvidia-worlds-most-valuable-company
Nvidia has become the most valuable company in the world, as the demand for its flagship AI chips soars and it gains momentum with its newly announced plans to build AI data centres.
On Tuesday, the Californian tech giant overtook Microsoft as the most valuable company worldwide, when its stock rose to over $3.34 trillion (£2.63tn), leaving the former top 1 company at $3.32tn. Nvidia is now also worth more than Apple (at $3.29tn), Google’s Alphabet ($2.17tn) and Amazon ($1.9tn).